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On August 1, Year 1, Green Co. issued a $10,000 face value discount note to the City Bank. The note had a 9 percent discount

On August 1, Year 1, Green Co. issued a $10,000 face value discount note to the City Bank. The note had a 9 percent discount rate and a one-year term.

The total carrying value of Green Cos liabilities on December 31, Year 1, would be

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