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Quiz Instructions When the period of a note receivable is stated in days, use the 360-day year to compute interest. Unless stated otherwise, a company's

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Quiz Instructions When the period of a note receivable is stated in days, use the 360-day year to compute interest. Unless stated otherwise, a company's year-end is December 31. Question 34 2 pts Kropp Co. pays $30,000 for a computer and color copier. The company estimates the computer's FMV at $24,000 and the copier's FMV at $8,000. At what acquisition cost will kropp Co record the computer? Next No new data to save, Last checked at 4:05pm Submit

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