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On dec. 31,2016,Fart Company purchased a machine in exchange for a non-interest bearing note requiring eight payment of 200,000 .The first payment was made on

On dec. 31,2016,Fart Company purchased a machine in exchange for a non-interest bearing note requiring eight payment of 200,000 .The first payment was made on december 31,2016 and the others are due annually on dec. 31.what is the discount on note payable on dec 31,2016?

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