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Your company lent $157,000 to a customer on April 1. The customer signed a 6-month, 8% interest bearing note. The amount borrowed with accrued interest

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Your company lent $157,000 to a customer on April 1. The customer signed a 6-month, 8% interest bearing note. The amount borrowed with accrued interest is due on October 1. Your company's fiscal year end is June 30. Interest calculations is based on months. 1. Interest revenue recognized on June 30: 2. Interest revenue recognized on October 1: 3. Cash expected upon collection of the note on October 1 A company issues a $250,000 mortgage payable with the following terms: 2% interest rate, 5-year term starting January 1, 2021. Semi-annual instalment payments are due on June 30 and December 31. A fixed principal payment of $25,000 is utilized for each instalment. Required: Part A: What is the total cash payment made on June 30th (s)? Part B: What is the interest expense recognized on December 31, 2021 ($)? e Part C: What is the ending mortgage payable balance as at December 31, 2021 ($)

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