Hines Enterprises loaned ,000 to Baldwin Company on October 1,
2016, for one year at 8% interest.

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Question: Hines Enterprises loaned $4,000 to Baldwin Company on October 1, 2016, for one year at 8% interes…
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a) What is the Hines interest income for 2016?
b) What is Hines total amount of receivables at December 31,
2016?
c) What is Hines interest income for 2015?

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