On December 31, 2016, Omega Corp Consultants finished consultation services and accepted inexchange a promissory note with a face value of $800,000, a due date of December 31, 2019, and a stated rate of 5%, with interest receivable at the end of each year. The market rate of interest for a similar note is 10%

The following interest factors are provided:

Interest Rate

Table Factors For Three Periods 5% 10%

Future Value of 1 1.157631.33100

Present Value of1.86384.75132

Future Value of Ordinary Annuity of1 3.152503.31000

Present Value of Ordinary Annuity of1 2.723252.48685

Formulate a Schedule of Note Discount Amortization for Omega Corp under the effective interest method. (Round to whole dollars.)

Thanks!