1I-II. On September 5, Sheffield Company discounted at Sunshine Bank a $9,000 (maturity value Sunshine's discount rate was 9%. What proceeds did Sheffield Company receive? l ), 120-day note dated J i 1-15. -Xcel Rex Corporation accepted a S5,000, 8%, i 20-day note dated August 8 frorn Regis Company in settlement of a past bill. On October 1 1. Rex discounted the note at Park Bank at 9%, what are the note's maturity value, discount period, and bank discount? What proceeds does Rex receive? LU 11-2