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  3. on septemiber 30,2024 , a company acquired a paten

On Septemiber 30,2024 , a company acquired a patent. The agreement speciffed that the company...

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Accounting

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On Septemiber 30,2024 , a company acquired a patent. The agreement speciffed that the company will pay $1,500,000 immedistely and then another 31.500,000 on September 30, 2026. An interest rate of Ex, teflects the tine value of money for this fype of loas agreerent, (PV. of S1. EyA of St. What amount of interest expense. if any, would the company record on Decembet 3t, 2024, the compary/ fiscal yes end? Motet Pound your answrer to noarest whole doller amount. Mutisus Chacies 5 195 87126a 173.720

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