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West Company borrowed $26,000 on September 1 Year 1 from the Valley Bank West agreed to pay interest annually at the rate of 9% per

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West Company borrowed $26,000 on September 1 Year 1 from the Valley Bank West agreed to pay interest annually at the rate of 9% per year. The note issued by 1 income statement would be: West carried an 18-month term. Based on this information the amount of interest expense appearing on West's Year Multiple Choice s0. $234 $585 $780

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