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Question 2 1 pts On April 1, 2019, Flamengo Co. signed a one-year loan with 8% interest for $100,000. Assuming that Flamengo Co. maintains its

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Question 2 1 pts On April 1, 2019, Flamengo Co. signed a one-year loan with 8% interest for $100,000. Assuming that Flamengo Co. maintains its books on a calendar year basis, how much interest expense should be reported in the 2020 income statement? $3,000. $4,000 $2,000. O $1.000

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