On January1, 2010, Yeargan Company obtained an $88,000, seven year 5% installment note from Farmers Bank. The

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On January1, 2010, Yeargan Company obtained an $88,000, seven year 5% installment note from Farmers Bank. The note requires annual payments of $15,208, with the first payment occuring on the last day of the fiscal year

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On January1, 2010, Yeargan Company obtained an $88,000, seven year 5% installment note from Farmers Bank. The

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