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on January 1 2020 fj sold machinery with historical cost of 6000000 and accumulated depreciation of 2500000 in exchange for a 3 year 6% 3000000

on January 1 2020 fj sold machinery with historical cost of 6000000 and accumulated depreciation of 2500000 in exchange for a 3 year 6% 3000000 note receivable principal is due January 1 2023 but interests are due semi-annually every December 31 the prevailing effective interest rate for this type of note is 10%

How much is the interest income in 2022

  1. 180000

  2. 281192

  3. 271784

  4. 291565

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