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On October 1 , 2 0 2 4 , Ogneva Corporation loans one of its employees $ 4 0 , 0 0 0 and accepts

On October 1,2024, Ogneva Corporation loans one of its employees $40,000 and accepts a 12-month, 9% note receivable.
Calculate the amount of interest revenue Ogneva will recognize in 2024 and 2025.

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