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Valley Spa purchased $10,600 in plumbing components from Tubman Co. Valley Spa Studios signed a 90-day, 10% promissory note for $10,600. If the note is

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Valley Spa purchased $10,600 in plumbing components from Tubman Co. Valley Spa Studios signed a 90-day, 10% promissory note for $10,600. If the note is dishonored, what is the amount due on the note? (Use 360 days a year.) Multiple Choice $10,600 $10,850 $10,930 $10,865 $265

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