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On June 8, Alton Co. issued an $78,306, 7%, 120-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the

On June 8, Alton Co. issued an $78,306, 7%, 120-day note payable to Seller Co. Assuming a 360-day year for your calculations, what is the maturity value of the note? When required, round your answer to the nearest dollar.

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