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On December 1, 2017, Falcon, Inc. sold machinery to a customer for $22,000. The customer could not pay at the time of sale but agreed

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On December 1, 2017, Falcon, Inc. sold machinery to a customer for $22,000. The customer could not pay at the time of sale but agreed to pay 6 months later and signed a 6-month note at 11% interest. How much interest revenue was earned for the entire term of the note? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) Your

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