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The Pita Pit borrowed $199,000 on November 1, 2021, and kned a six month note beaning interest at 12% Principal and interest are payable in

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The Pita Pit borrowed $199,000 on November 1, 2021, and kned a six month note beaning interest at 12% Principal and interest are payable in full at maturity on May 1, 2022 In connection with this note, The Pita Pit should report interest expense at December 31, 2021 in the amount of (Do not round your intermediate calculations.) Multiple Choice 1980 51940

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