Question: Sunset West issues a $76422, 60-day, 11% note to Memorial Point in exchange for an overdue account payable. For MEMORIAL POINT: What is the amount

Sunset West issues a $76422, 60-day, 11% note to Memorial Point in exchange for an overdue account payable. For MEMORIAL POINT: What is the amount that is debited to cash when Sunset West pays the note?

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