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X Your answer is incorrect. Blossom Company borrowed $1300000 from Bank Two on January 1, 2019 in order to expand its mining capabilities. The 5-year

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X Your answer is incorrect. Blossom Company borrowed $1300000 from Bank Two on January 1, 2019 in order to expand its mining capabilities. The 5-year note required annual payments of $338567 and carried an annual interest rate of 9.5%. What is the balance in the notes payable account at December 31, 2020 after the annual payment? $849435 $1300000 $1053000 $1084933

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