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The Harper Company borrowed $6,400 on January 1, 2018 at an interest rate of 6 percent; the company will pay the loan back in full
The Harper Company borrowed $6,400 on January 1, 2018 at an interest rate of 6 percent; the company will pay the loan back in full on at the end of 2019. How much interest expense will the company record in its financial statements for 2019? As needed, round your final answer to the nearest whole dollar and enter as a positive number.
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