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Question 42 2 pts On July 1, 2019, Latte Inc. purchased new equipment costing $10,000 with a 9-month, 3%, note payable. Principal and interest
Question 42 2 pts On July 1, 2019, Latte Inc. purchased new equipment costing $10,000 with a 9-month, 3%, note payable. Principal and interest are due at the time the note matures on April 1, 2020. Assume Latte Inc. has a December 31 year-end. What is the total amount of cash paid on the maturity date?
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