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On December 1, Victoria Company signed a 90-day, 4% note payable, with a face value of $7,800. What amount of interest expense is accrued at

On December 1, Victoria Company signed a 90-day, 4% note payable, with a face value of $7,800. What amount of interest expense is accrued at December 31 on the note?

$26

$312

$78

$52

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