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On November 1, Year 1, Noble Compary borrowed $136,000 from South Bank and signed a 12%, six.month note payabie, all due at maturity. The interest

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On November 1, Year 1, Noble Compary borrowed $136,000 from South Bank and signed a 12\%, six.month note payabie, all due at maturity. The interest an this loan is stated separately. At December 31, Year 1, Noble Company's overall liability for this loan amounts to: Multiple Choice $138,720b $136,000 $144,160 $141,440

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