On January $1,2021,$ Crown Company sold property to Leary Company. There was no established exchange price for the property, and Leary gave Crown a $$5,000,000$ zero$-$interest$-$bearing note payable in $5$ equal annual installments of $$800,000,$ with the first payment due December $31,2021.$ The prevailing rate of interest for a note of this type is $9\%.$ The present value of the note at $9\%$ was $$3,605,000$ at January $1,2021.$ What should be the balance of the Discount on Notes Payable account on the books of Leary at December $31,2021$ after adjusting entries are made, assuming that the effective$-$interest method is used?