Computing the Exchange Price for an Asset Sale On April 1, 2020, Linden sold a patent to Bell Company in exchange for a $160,000 noninterest- bearing note due on April 1, 2021. There was no established exchange price for the patent, and the note had no ready market. The prevailing rate of interest for a note of this type at April 1, 2020, was 9%. The collection of the note receivable from Bell is reasonably assured. Calculate the amount that Linden should record as note receivable and sales revenue on April 1, 2020. Round your answer to the nearest whole number. Do not use a negative sign with your answer.