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On September 30, 2026, B15-119 Company borrowed $6,000 on a 15%, 10-month note payable. The amount of interest expense related to this note that B15-119

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On September 30, 2026, B15-119 Company borrowed $6,000 on a 15%, 10-month note payable. The amount of interest expense related to this note that B15-119 Company would report in its 2027 income statement would be equal to

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