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use the info to answer A-D January 1, 2017, Company M signed a 5-ye sit note. The first two years of the amortization table are
use the info to answer A-D January 1, 2017, Company M signed a 5-ye sit note. The first two years of the amortization table are presented below. Use this information to answer questio 10 pts Date Total Payment Interest Expense Loan Reduction 01/01/2017 Net Note Payable 12/31/2017 30,000 7,713 2,700 5,013 24987 12/31/2018 7.713 2,248 5,465 19,522 A. What amount is reported on the Income Statement in 2018? B. What amount is reported on the Balance Sheet at the end of 2018? C. What amount is reported on the Statement of Cash Flows in 2018? D. What is the annual interest rate on this installment
use the info to answer A-D
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