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Probel Questions 1 and 2 On January 1 20xta Company purchased a piece of equipment by signing a note with a below market rate of

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Probel Questions 1 and 2 On January 1 20xta Company purchased a piece of equipment by signing a note with a below market rate of interest. The facts of the transaction are shown below. The role oue in eoul anual payments of principle and interest 21 What is the interest expense for the year ended December 2012 Fin the

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