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On January 1 a company lends a corporate customer $144,000 at 7% interest. The amount of interest revenue that should be recorded for the quarter

On January 1 a company lends a corporate customer $144,000 at 7% interest. The amount of interest revenue that should be recorded for the quarter ending March 31 equals: $10, 080. $3, 360. $840. $2, 520

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