On December 31, 2012, Green Company finished consultation services and accepted in exchange a note receivable with a face value of $600,000, a due date of December 31, 2015, and a stated rate of 6%, with interest receivable at the end of each year. The note of this type of risk is considered to have an appropriate market rate of interest of 10%.

A) Was this note receivable issued at discount, par, or premium?

B) Determine the total sales revenue Green Company recognized on December 31, 2012. (The sales revenue is the issue price because this is essentially how much the company provides to their customer today.)

C) Determine interest revenue for Green Company for Year 2013 and 2014 respectively.