knights inc loans money to jacob corporation in the amount of $848,000. Knights accepts an 8% note due in 7 years with interest payable semianually. after 2 years (and receipt of interest for 2 years), knights needs money and therefore sells the note to chicago national bank, which demands interest of the note of 10% compounded semiannually. what is the amount knights will receive on the sale of the note? round factor values to 5 decinal places and final answer to 0 decimal places.