9. On January 1, 2019, XYZ Company sold property to Ameer Company which originally cost XYZ Company 760,000. Ameer gave XYZ Company a 1,200,000 zero-interest-bearing note payable in three equal annual installments of 400,000 with the first payment due December 31, 2019. The note has no ready market. The prevailing rate of interest for a note of this type is 10%. The present value of a 1,200,000 note payable in three equal annual installments of 400,000 at a 10% rate of interest is 994,800. What is the amount of interest income that should be recognized by XYZ Company in 2019, using the effective-interest method? Anot