De Meaning Corporation issued a one-year 6% $400,000 note on April 30, 2022.Interest expense for the year ended December 31, 2022 was:
A)$24,000.
B)$18,000.
C)$16,000.
D)$14,000.

Question

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The Answer of De Meaning Corporation issued a one-year 6% $400,000 note on April 30, 2022.Interest expense for the year ended December 31, 2022 was:
A)$24,000.
B)$18,000.
C)$16,000.
D)$14,000.

De Meaning Corporation Issued a One-Year 6% $400,000 Note on April