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january 21 purchased tools by using a $300,000, 60 day note to Nash Co which discounted the rate by 8%. What is the Debit for

january 21 purchased tools by using a $300,000, 60 day note to Nash Co which discounted the rate by 8%. What is the Debit for Tools and Interest expense? I got Correct that the notes payable IS $300,000. The answer to tools is NOT $300,ooo either. and no clue....HELP? This is for Warwick Co. Jouranalize and assume 360 day year

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