Additional Problem 6 (Part Level Submission) Monty Corporation, a publicly-traded company, agreed to loan money to another company. On July 1, 2017, the company received a five-year promissory note with a face value of $506,000, paying interest at a face rate of 4% on July 1 each year. The note was issued to yield an effective interest rate of 5%. Monty used the effective interest method of amortization for discounts or premiums, and the company's year-end is September 30 (a1) Calculate the premium or discount on the note. (Round present value factor calculations to 5 decimal places, e.g. 1.25125 and the final answer to 0 decimal places, e.g. 58,971.) (a2) Prepare a note premium / discount amortization schedule. (Round answers to o decimal places, e.g. 58,971.) Schedule of Note Discount Enterest 3-17 3-18 -3-1 u-22 (a3) Prepare the journal entries to record the issue of the note on July 1, 2017, and any required accrual entries at the company's year-end on September 30, 2017. Finally, prepare the journal entry to record the first cash payment received on July 1, 2018 for Monty Corporation. (Round answers to 0 decimal places, e.g. 58,971. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) 30