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On February 1, 2021, Miter Corp. lends cash and accepts a $2,800 note receivable that offers 8% interest and is due in six months. How

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On February 1, 2021, Miter Corp. lends cash and accepts a $2,800 note receivable that offers 8% interest and is due in six months. How much nterest revenue will Miter Corp. report during 2021? (Do not round intermediate calculations.) Multiple Choice $123 $112 O $224 $1344

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