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On July 8, Jones Inc. issued an $69,100,7%, 120-day note payable to Miller Company Assume that the fiscal year of Jones ends July 31. Using

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On July 8, Jones Inc. issued an $69,100,7%, 120-day note payable to Miller Company Assume that the fiscal year of Jones ends July 31. Using a 360-day year, what is the amount of interest expense recognized by Jones in the current fiscal year? When required, round your answer to the nearest dollar. Oa. 54x37 Ob. 5618 Oc 5309 Od. 1927

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