Assume that Cash Money Bank lent $16,792 to a customer on January 1, 2020 in the form of a zero-interest bearing note. The note has an implicit interest rate of 6% and the customer agrees to pay $20,000 at the end of three years (Dec. 31, 2022). How much interest revenue will the bank record for the first year of the note (2020)? Round your answer to the nearest dollar