Question: How much accrued interest should be reported on the payee's December 3 1 balance sheet on a $ 5 , 0 0 0 , 8

How much accrued interest should be reported on the payee's December 31 balance sheet on a $5,000,8%,9-month note receivable issued on June 1?
$300
$400
$233
$33
How much accrued interest should be reported on

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