On February 1, 2023, Stealth Tucks sold a diesel rig to Kansas Transport for $250,000 receiving a $50,000 down payment and a 12 month, 10% note for the balance. Principal & interest are due at maturity, and the 10% interest rate reflected the market rate of interest at the time of sale. On august 1, 2023 Kansas Transports discounted the note without recourse at First South Bank at 12% interest. Prepare ALL required journal entries at August 1, 2023 to recognize interest revenue and the discounting of the note.