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QUESTION 26 On April 1, 2019, Big Red, Inc. loans $200,000 to a customer on a one year 3% note receivable. All interest and principal

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QUESTION 26 On April 1, 2019, Big Red, Inc. loans $200,000 to a customer on a one year 3% note receivable. All interest and principal should be collected on April 1. 2020. How much interest revenue should Big Red, Inc. record for the year ended on Dec 31, 2019? $4,500 $0. $6,000 $4,000

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