On January 1, 2021, Azure Company sold property to Green Company. There was no established exchange price for the property, and Green gave Azure 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 Green at December 31, 2021 after adjusting entries are made, assuming that the effective-interest method is used? $1,116,000$0$1,070,550$1,395,000