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On July 1, 2021, a company loans one of its employees $29,000 and accepts a eight-month, 6% note receivable. Calculate the amount of interest revenue
On July 1, 2021, a company loans one of its employees $29,000 and accepts a eight-month, 6% note receivable.
Calculate the amount of interest revenue the company will recognize in 2021 and 2022. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)
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