Descriptors are provided below for six situations involving notes receivable being discounted at a bank. In each case, the maturity date of the note is December 31, 2021, and the principal and interest are due at maturity. For each, determine the proceeds received from the bank on discounting the note.

note	note face value	date of note	interest rate	date discounted	discount rate	proceeds received
1	60,000	3/31/2021	8%	6/30/2021	10%
2	60,000	3/31/2021	8%	9/30/2021	10%
3	60,000	3/31/2021	8%	9/30/2021	12%
4	120,000	6/30/2021	5%	10/31/2021	10%
5	120,000	6/30/2021	5%	10/31/2021	12%
6	120,000	6/30/2021	5%	11/30/2021	10%