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On July 1 , 2 0 2 4 , Dirty Harry Company borrowed cash by issuing a 6 - month noninterest - bearing note with

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On July 1,2024, Dirty Harry Company borrowed cash by issuing a 6-month noninterest-bearing note with a maturity value of $450,000 and a discount rate of 9%(issue value is therefore $409,500). Assuming straight-line amortization of the discount, what is the carrying value of the note as of September 30,2024?
Note: Round all calculations to the nearest whole dollar amount.
$409,500
$429,750
$423,000
$450,000
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