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On December 1, Victoria Company signed a 90-day, 4% note payable, with a face value of $5,400. 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 $5,400. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.) Multiple Choice $18 $54 $216 $36 $0

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