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Moving to another question will save this response. >> Question 4 3 points Save Answer On March 1, ABC Corporation invests $75,000 in a 9-month Certificate of Deposit (CD) that pays an annual interest rate of 4 percent. The company prepares quarterly financial statements, using the calendar year. If ABC fails to make a quarterly adjusting entry on March 31, by how much will that quarter's income be understated? (Enter a positive number.) 1