On April 19, 2024, Millipede Machinery sold a tractor to Thomas Hartwood, accepting a note promising payment of $280,000 in five years. The applicable effective interest rate is 8%.

Note: Use appropriate factor(s) from the tables provided.(FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)

What amount of sales revenue would Millipede recognize on April 19, 2024, for the Hartwood transaction?

Note: Round your final answer to nearest whole dollar.