19. On January 1, 2010, West Co. sold equipment for a $400,000 zero-interest-bearing note dueon January 1, 2013. The prevailing rate of interest for a note of this type at January 1, 2010 was10%. What amount of interest revenue should be included in West's 2011 income statement?a. $0b. $30,000c. $33,000d. $40,000

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Q: zero-interest-bearing note

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