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On January 1 , 2 0 2 0 , Ball Co . exchanged equipment for a $ 6 0 0 , 0 0 0 zero

On January 1,2020, Ball Co. exchanged equipment for a $600,000 zero-interestbearing note due on January 1,2023. The prevailing rate of interest for a note of this type at January 1,2020 was 10%. What amount of interest revenue should be included in Ball's 2021 income statement?
Example of Answer: 4000(No comma, space, decimal point, or $ sign) Round: 2.31=2;2.65=3
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