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Question Content Area On June 1 , Davis Inc. issued an $ 6 1 , 7 0 0 , 9 % , 1 2 0
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On June Davis Inc. issued an $day note payable to Garcia Company Assume that the fiscal year of Garcia ends June Using a day year in your calculations, what is the amount of interest revenue recognized by Garcia in the following year? When required, round your answer to the nearest dollar.
a $
b $
c $
d $
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