Why kelso sells the note to littleton bank

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Q. Julie's Juice Bar receives daily shipments of dairy products from Kelso Dairy, Inc. The price is $900 per month. Julie's pays six months in advance with a note for $5,400. One month later, Kelso sells the note to Littleton Bank for $5,100. At the time the note is sold, Kelso is?

Reference no: EM1396471

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