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Question 7 (1 point) Jordan Company borrowed $3,800 cash on August 1, 2019. The loan had a one-year term and a 6 percent annual interest

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Question 7 (1 point) Jordan Company borrowed $3,800 cash on August 1, 2019. The loan had a one-year term and a 6 percent annual interest rate. What is the amount of interest expense that must be recognized on the December 31, 2019 income statement? Round your answer to the nearest whole dollar. Do not use a "$" sign in your answer. Your

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