Assume that Bill's Discount Furniture sells goods to a customer worth $49,362 on Jan. 1, 2020 in exchange for a zero-interest bearing note. The note requires that the customer pay $60,000 at the end of four years and has an implicit interest rate of 5%. How much interest revenue will Bill's Discount Furniture report for the first year of the note (2020)? Round your answer to the nearest dollar.