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On November 1, 2024, Tim's Toys borrowed $32,700,000 from a local bank and signed a note. The note requires repayment of principal and 8% interest
On November 1, 2024, Tim's Toys borrowed $32,700,000 from a local bank and signed a note. The note requires repayment of principal and 8% interest in six months. What is the amount of accrued interest expens as of December 31, 2024? Multiple Choice O O $218,000 $1,308,000 $109,000 $436,000
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