Question: ABC Corp accepted a customer's $25,000 zero-interest-bearing 5-month note payable in a sales transaction. The product sold normally sells for $23,000. If the sale was

ABC Corp accepted a customer's $25,000 zero-interest-bearing 5-month note payable in a sales transaction. The product sold normally sells for $23,000. If the sale was made on August 1, how much interest revenue from this transaction would be recordedfor the calendar year?

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