Bridgeport Corporation, a publicly$-$traded company, agreed to loan money to another company. On July $1,2023,$ the company received a five$-$year promissory note with a face value of $\backslash (\backslash$$ $504,000\backslash ),$ paying interest at a face rate of $\backslash (5\backslash \%\backslash )$ on July $1$ each year. The note was issued to yield an effective interest rate of $\backslash (6\backslash \%\backslash ).$ Bridgeport used the effective interest method of amortization for discounts or premiums, and the company's year$-$end is September $30.$

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Use $1.$ PV Tables, $2.$ a financial calculator, and $3.$ Excel functions to arrive at the amount to record the note receivable. $($Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}2512.$ Round $\backslash ($ P V $\backslash )$ tables and Excel function answers to $\backslash ($ O $\backslash )$ decimal places, e$.$g$.8,971$ and round Financial calculator answer to $2$ decimal places, e$.$g$.89\mathrm{.}71.)$