On January $1,2024,$ Sunland Company sold property to Wildhorse Company. There was no established exchange price for the property, and Wildhorse gave Sunland a $$6100000$ zero$-$interest$-$bearing note payable in $5$ equal annual installments of $$1220000,$ with the first payment due December $31,2024.$ The prevailing rate of interest for a note of this type is $9\%.$ The present value of the note at $9\%$ was $$4745373$ at January $1,2024.$ What should be the balance of the Discount on Notes Payable account on the books of Wildhorse at December $31,2024$ after adjusting entries are made, assuming that the effective$-$interest method of amortization is used?

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$$1354627$

$$804566$

$$927543$

$$0$