On January 1 of Year 1 , Stealth Company sold a machine (classified as inventory) that had a list price of $100,800. The customer paid $16,800 cash and The principal is payable on December 31 , three years later. The market rate for a note of this is 10%. Required a. Compute the present value of this note. b. Prepare an effective interest schedule for this note. c. Prepare entries required by Stealth for this note on January 1 of Year 1, and December 31 of Year 1 , Year 2 , and Year 3. - Note: Round answers to the nearest whole dollar. a. Present value of note: $