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on january 1, 2024, blossom company issued for cash a $1,010,000, 3 -year not bearing annual intrest at 8% to sheridan, inc. the market rate

on january 1, 2024, blossom company issued for cash a $1,010,000, 3 -year not bearing annual intrest at 8% to sheridan, inc. the market rate of interest for a note os similar risk is 9%. what cash would have been recored on the issue date of the note?

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