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A company provided a special promotion of zero-interest financing for 3 years on its products. The company received a $396,000 zero-interest- bearing note on

A company provided a special promotion of zero-interest financing for 3 years on its products. The company received a $396,000 zero-interest- bearing note on January 1, 2020. The company imputes an 8% interest rate on this zero-interest note transaction. What is the total amount of revenue to be recognized in 2020? (Add sales revenue and interest revenue.) (Present value factor for 8% and 3 years, single sum is 0.79. Please do not use your own present value tables or financial calculator.) (Please do not round your answer in any part of the computation.)

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