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On December 31,2025 , Coronado Company signed a $1,152,800 note to Whispering Bank. The market interest rate at that time was 12%. The stated interest

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On December 31,2025 , Coronado Company signed a $1,152,800 note to Whispering Bank. The market interest rate at that time was 12%. The stated interest rate on the note was 10%, payable annually. The note matures in 5 years. Unfortunately, because of lower sales, Coronado's financial situation worsened. On December 31,2027. Whispering Bank determined that it was probable that the company would pay back only $691,680 of the principal at maturity. However, it was considered likely that interest would continue to be paid, based on the $1,152,800 loan. (a) Determine the amount of cash Coronado received from the loan on December 31,2025 . (Round present value factors to 5 decimal places, e. 3.0.52513 and final answer to 0 decimal places, e. . 5.275.) Amount of cash Coronado received from the loan

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