Question: cullumber lake corp issues a 672000,4-year 3% note payable on march 31 2024. the terms provide for fixed principal payments annually of 168000. prepare a

cullumber lake corp issues a 672000,4-year 3% note payable on march 31 2024. the terms provide for fixed principal payments annually of 168000. prepare a partial balance sheet show the balance sheet presentation of the current and non current liabilities related to the note as at March 31 2025.

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