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On September 30, 2026, Bis-119 Company borrowed 516,000 on a 3%, 10-month note payable. The amount of interest expense related to this note that B15-119

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On September 30, 2026, Bis-119 Company borrowed 516,000 on a 3%, 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: $240 $192 $400 $288 $160 $336 $280 O $144 $480 $120 none of the above choices are correct

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