What amount of interest expense will brazos company report

Reference no: EM131948727

Question: Brazos Company issued a 3-year, 6%, note payable for $75,000 on January 1, 2013. The note requires that Brazos make equal payments to principal on December 31 each year, plus principal on the unpaid balance.

What amount of interest expense will Brazos Company report for 2014? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131948727

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