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On June 15, paid $272,000 cash to purchase Remeds 90-day short-term debt securities ($272,000 principal), dated June 15, that pay 9% interest. On September 16,

On June 15, paid $272,000 cash to purchase Remeds 90-day short-term debt securities ($272,000 principal), dated June 15, that pay 9% interest. On September 16, received a check from Remed in payment of the principal and 90 days' interest on the debt securities purchased in transaction a. Note: Use 360 days in a year. Do not round your intermediate calculations

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