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Your Company borrowed $30,000 on March 1, 2022 from the Naticnal Bank for an 12 -month ferm Your Company agreed lo pay interest annually at

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Your Company borrowed $30,000 on March 1, 2022 from the Naticnal Bank for an 12 -month ferm Your Company agreed lo pay interest annually at the rale of 4.5% per year. What is the amount of interest expense appeaneg on the 2023 income statement? (Round to nearest dollar if you need to) 5113. 54, 125 51350 1226

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