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Valley Spa purchased $10,400 in plumbing components from Tubman Co. Valley Spa Studios signed a 45-day, 7% promissory note for $10,400. If the note is

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Valley Spa purchased $10,400 in plumbing components from Tubman Co. Valley Spa Studios signed a 45-day, 7% promissory note for $10,400. If the note is dishonored, what is the amount due on the note? (Use 360 days a year.) Multiple Choice $91 $10,491 $10,400 $10,650 $10,730

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