On Bennett's 20A year-end statement of financial position, the book value of the liability for notes payable related to this purchase would equal which of the following?
A) An amount more than $317,520.
B) An amount less than $317,520.
C) An amount more or less than $317,520 depending upon Bennett's income for the year.
D) $317,520

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The Answer of On Bennett's 20A year-end statement of financial position, the book value of the liability for notes payable related to this purchase would equal which of the following?
A) An amount more than $317,520.
B) An amount less than $317,520.
C) An amount more or less than $317,520 depending upon Bennett's income for the year.
D) $317,520

On Bennett's 20A Year-End Statement of Financial Position, the Book