Question: On December 3 1 , 2 0 2 5 , Concord Co . performed environmental consulting services for Hayduke co . Hayduke was short of

On December 31,2025, Concord Co. performed environmental consulting services for Hayduke co. Hayduke was short of cash, and Concord co agreed to accept a $254,300 zero interest baring note due December 31,2027, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 12%.

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