Kitty Co. receives a 5-year, $600,000 zero-interest-bearing note on 1/1/2020. The market rate of interest is 8 % and the present value (price) of the note is $408,348 on 1/1/2020. Fill out the 4 missing amounts in the partial discount amortization table based on the effective interest method. The price (carrying value of note) has been entered in the table. Round your answers to the nearest dollar in the table. (6 points) Interest revenue Discount amortized Date Cash interest receipt 1/1/2020 12/31/2020 (1) ? Carrying value of note $ 408,348 (4) ? (2) ? (3) ? Answer: (1): A (2): A (3) A (4) Previous Page Next Page Page 2 of 25