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Pharoah Roads sold $ 1 2 7 0 0 0 of goods and accepted the customer's $ 1 2 7 0 0 0 8 %

Pharoah Roads sold $127000 of goods and accepted the customer's $1270008%,1-year note in exchange. Assuming 8% approximates the market rate of return, how much interest would be reported for the year ending December 31 if the sale was made on June 30?
$10160.
$2540.
$0.
$5080.
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