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On July 8, Jones Inc. Issued an $81,900,6%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends on July 31.

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On July 8, Jones Inc. Issued an $81,900,6%, 120-day note payable to Miller Company. Assume that the fiscal year of Jones ends on July 31. Using the 360-day year, what is the amount of interest expense recognized by Jones in the current fiscal year? Round your answer to the nearest whole dollar Oa. $819 Ob. 5410 Oc. $314 Od. $683

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