Question: 1 point On October 1st 2022, Dr. Pepper signed a 5 month note payable with principle of $10,000 and an annual interest rate of 6%.

1 point On October 1st 2022, Dr. Pepper signed a 5 month note payable with principle of $10,000 and an annual interest rate of 6%. What is the interest expense that the company will report on the 2023 (second year) income statement? Type your
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