On October 1, 2018, Equipment Suppliers Company made a loan to one of its customers. The customer signed a 4-month note for $110,000 at 13%. How much interest revenue did the company record in the year 2018? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $1430
B) $1192
C) $4767
D) $3575
D) $3575
Explanation: ($110,000 × 13%) × 3/12 = $3575
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