helpp asap

On January 1, 2024, Ruth Lee loaned $201625 to Edward Hall. A zero-interest-bearing note (face amount, $254000 ) was exchanged solely for cash; no other rights or privileges were exchanged. The note is to be repaid on December 31,2026 . The prevailing rate of interest for a loan of this type is 8%. The present value of $254000 at 8% for three years is $201633. What amount of interest income should Ms. Lee recognize in 2024 ? $44920 $16130 $60960 $20320