Cullumber company sells land with a book value of 212500 to marin corp in exchange for a 340000 zero interest bearing note payable in 3 years the market rate of interest for a transaction of this nature for marin is 8% to which of the following is the amount of the notes receivable less the unamortized discount at the time of the sale closest the present value of 1 at 8% for 3 years is 0.7938 and the present value of an ordinary annuity of 1 at 8% for 3 years is 2.5771