On April 19, 2021, Halliburton sold a tractor to Monsanto, accepting a note promising payment...
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On April 19, 2021, Halliburton sold a tractor to Monsanto, accepting a note promising payment of $230,000 in five years. The applicable effective interest rate is 5%. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of S1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What amount of sales revenue would Halliburton recognize on April 19,2021, for the Monsanto transaction? (Round your final answer to nearest whole dollar.) Sales revenue
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