Question: #1 On June 8, Smith Technologies issued a $75,000, 6%, 140-day note payable to Johnson Company. What are the proceeds of the note on June

#1 #1 On June 8, Smith Technologies issued a $75,000, 6%, 140-day note

On June 8, Smith Technologies issued a $75,000, 6%, 140-day note payable to Johnson Company. What are the proceeds of the note on June 8? O a. $76,750 Ob. $75,000 c. 0 Od. $70,500

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