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none of these answers are right also service rev is not 0 int rev is not 22800 carryinf is not 262200 Desert will provide the

none of these answers are right
also service rev is not 0
int rev is not 22800
carryinf is not 262200 image text in transcribed
Desert will provide the consulting services in exchange for a non-interest-bearing note with a face value of $285,000. Terms of the note require payments of Principal and Interest to be made each June 30th and December 31st for the next 4 years. Beach's normal cost of borrowing is 8%. What is the Service Revenue Desert, Co. will record at January 2, 2020? 285000 What is the Interest Revenue Desert, Co. will record on December 31, 2020? 0 What is the Carrying Value of the note on Desert Co.'s December 31, 2020. Balance Sheet? 213750 PV$18.4

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