Current Attempt in Progress

An important customer of Blossom Limited has negotiated a settlement of an account by signing a zero interest note on June $1,2023$

due June $1,2026$ for $$145,600.$ The market rate of interest is $5\%.$ What is the amount Blossom should use as the reduction of

Accounts Receivable and increase in Notes Receivable on June $1,2023?$

$($a$)$

Of the variables listed, choose the variable being calculated?