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Rosewood Company made a loan of $8.400 to one of the company's employees on April 1. Year 1. The one year note carried a 6%

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Rosewood Company made a loan of $8.400 to one of the company's employees on April 1. Year 1. The one year note carried a 6% rate of interest. What is the amount of interest revenue that Rosewood would report in Year 1 and Year 2, respectively? Multiple Choice 0 $ in Year 1 and $504 in Year 2 O ( ) $126 in Year and $378 in Year 2 O O $504 in Year 1 and $0 in Year 2 O 0 $378 in Your hand $126 in Year 2 O here to search

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