On January 1, 2020, SunBlush Technologies sold inventory costing $80,000 to Cantu Excavating. In return, SunBlush Technologies received a 4-year, 6% note with a face value of $110,000. Blended payments will be made yearly on December 31, and will include principal and interest. The market rate of interest is 2%. SunBlush Technologies has a December 31 year-end while Cantu Excavating's year-end is September 30. SunBlush Technologies uses a perpetual inventory system