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On June 8 , Smith Technologies issued a $ 7 5 , 0 0 0 , 6 % , 1 4 0 - day note

On June 8, Smith Technologies issued a $75,000,6%,140-day note payable to Johnson Company. What are the proceeds of the note on June 8?
a. $75,000
b. $70,500
c. $76,750
d.0
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