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On February 1, 2021, a company loans one of its employees $28,000 and accepts a eight-month, 7% note receivable. Calculate the amount of interest revenue

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On February 1, 2021, a company loans one of its employees $28,000 and accepts a eight-month, 7% note receivable. Calculate the amount of interest revenue the company will recognize in 2021 (Do not round intermediate calculations. Round your final answer to the nearest whole dollar) Amount of interest revenue $ 1,307

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