On December 1, Kirby Co. issued 2 notes receivable. Kirby Issues financial statements as of the last day of each month. Note A was a $10,000, 3 month, non-interest bearing note with a present value of $9,700 issued to David Corp. for the sale of goods. The market rate of interest on similar notes is 12%. Note B was a $10,000, 3 month, 12% note issued to Stacey Inc. in exchange for cash, The first 2 questions concern Note A ONLY. The last 4 questions concern Note B ONLY. At what amount should Kirby Co.record as Sales on 12/1 in exchange for Note A? How much cash will David pay Kirby when Note A matures? At what amount should Note B be recorded on 12/1 by Kirby as "Notes Receivable