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On January 1, 20x1, D Co. acquired a vehicle in exchange for cash of ?400,000 and a noninterest-bearing note of ?4,000,000 due in 4 equal

On January 1, 20x1, D Co. acquired a vehicle in exchange for cash of ?400,000 and a noninterest-bearing note of ?4,000,000 due in 4 equal annual installments starting on December 31, 20x1. The p...

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