On December 31, 2020, Flounder Company acquired a computer from Plato Corporation by issuing a $557,000 zero-interest-bearing note, payable in full on December 31, 2024. Flounder Company's credit rating permits it to borrow funds from its several lines of credit at 10%. The computer is expected to have a 5-year life and a $63,000 salvage value. Schedule of Note Discount Amortization Dbit, Interest Expense Credit, Date Discount on Notes Payable Carrying Amount of Note 12/31/20 $ 12/31/21 12/31/22 12/31/23 12/31/24