Question: Winn Co . signs a 6 0 day note payable for a $ 1 5 , 0 0 0 copy machine with an interest rate

Winn Co. signs a 60 day note payable for a $15,000 copy machine with an interest rate of 8%. Winn will record total interest expense of
Multiple choice question.
$1,200
$15,000
$200
$15,200

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