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On August 1, 2013, Noll Corporation borrowed $200,000 from BEST bank by signing a 6%, 9 month note payable. which has a due day on

On August 1, 2013, Noll Corporation borrowed $200,000 from BEST bank by signing a

6%, 9 month note payable. which has a due day on April 30, 2014. Noll's 2014 interest

expense on this note is:

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