Question: Equestrian Roads accepted a customer's $ 5 0 , 0 0 0 zero - interest - bearing six - month note in a sales transaction.

Equestrian Roads accepted a customer's $50,000 zero-interest-bearing six-month note in a sales transaction. The product normally sells for $46,000(cash price). If the sale was made on June 30, how much interest revenue from this transaction would be reported for the year ending December 31?
a. $0
b. $2,000
c. $4,000
d. $6,000
Equestrian Roads accepted a customer's $ 5 0 , 0

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