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On January 2 , 2 0 2 3 , Eagle Corp. borrowed $ 2 5 , 0 0 0 from Bank Three. The loan was
On January Eagle Corp. borrowed $ from Bank Three. The loan was to be repaid in equal principal installments of $ payable on December of each year. beginning on December Disregarding interest, the amount of the $ loan that should be considered a longterm liability on the company's balance sheet for the year ended December would be:
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