(A)Determine the dollar amount of the cash payment of P&I to be remitted each April 1st?

(B)sing the information presented in #1 above,determine the amount of Service Revenue that ABC should recognize on April 1, 2020?

(C) Using the information presented in #1above,determine what amount of Interest Revenue ABC should recognize from this note for the year ending December 31, 2021.$___________________________________

Advisi X D (829) X C Launcial X Welco X ASU Syllab FIN 45 X LaunchSu Assign X ASU Quiz: X * Cours X G ong-T X + asu.instructure.com/courses/38715/quizzes/314480/take M Quizzes D Question 1 0.71 pts Time Elapsed: Hide ASU Attempt due: Mar 20 at 11:59pm Grades 2 Hours, 30 Minutes, 38 Seconds WPC Honor Code Long-Term Notes Receivable and TVM. Use the following present value tables Using Lockdown to help answer the following questions. Browser "Do not round any answer until your final answer. Round your final 9 answer to the nearest whole dollar. When entering your final answer, do not use commas or $ sign. (Sorry... Blackboard is very sensitive and will mark your answer incorrect due to rounding and punctuation.) PV of $1 Periods 3 5 9 10 4% 89 .82 .70 .68 ? 6% 84 .74 .59 .56 8% 79 .68 .50 .46 9% .77 .65 .46 .42 Present Value of an Ordinary Annuity 4% 2.77 4.45 7.43 8.11 6% 2.67 4.21 6.80 7.36 8% 2.57 3.99 6.25 6.71 9% 2.53 3.89 5.99 6.41 Part /. On April 1, 2020, ABC Company rendered services to Jones Company in exchange for a three year, $400,000, 8% note. Payments of P&I (Principal & Interest) are due each April 1st, with the first payment due immediately. December 31st is the fiscal year end for ABC. Jones' normal cost to borrow is K 8%