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QUESTION 19 On January 1, 2018. Brazos Company purchased equipment and signed a six-year mortgage note for $97,000 at 15% The note will be paid

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QUESTION 19 On January 1, 2018. Brazos Company purchased equipment and signed a six-year mortgage note for $97,000 at 15% The note will be paid in equal annual installments of $25,631, beginning January 1, 2019 On January 1, 2019, what is recorded as the first principal payment? $14,550 $25,631 $97.000 O $11,081 Click Save and Submit to save and submit. Click Save All Answers to see all answers DELL

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