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please show work Question 1 of 13 Question 1 10 points Reliable Industries purchased a supply of electronic components from Tomorrow Corporation on October 31,

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Question 1 of 13 Question 1 10 points Reliable Industries purchased a supply of electronic components from Tomorrow Corporation on October 31, 2021. In payment for the $900,000 million purchase, Reliable issued a 1-year installment note to be paid in equal monthly payments of 79,964 at the end of each month. The payments include interest at the rate of 12%. What is the balance of notes payable on December 31, 2021 balance sheet? Save Answer (Do not add dollar sign; do not add comma by yourself to your amount; round the answer to the whole number)

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