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Rosewood Company made a loan of $11,000 to one of the company's employees on April 1, Year 1. The is the amount of interest revenue

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Rosewood Company made a loan of $11,000 to one of the company's employees on April 1, Year 1. The is the amount of interest revenue that Rosewood would report in Year 1 and Year 2, respectively? r note carried a 6% rate of inter Multiple Choice O $165 in Year 1 and $495 in Year 2 $O in Year 1 and $660 in Year 2 $660 in Year 1 and $0 in Year2 $495 in Year 1 and $165 in Year2

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