On March 1, 2019, ABC Company finished consultation services and accepted in exchange a promissory note with a face value of 1827011, a due date of March 1, 2025, and no stated or coupon rate. The 8% interest is a realistic interest rate for a note of this type.

Based ONLY on Note C, fill in the blanks below. Use N/A if the question and answer is not applicable :

What account would be reported on ABC Company's 2019 income statement? At what amount?

What account would ABC company report in the current asset section of its 2019 balance sheet?(don't answer cash) At what amount?

What account would ABC company report in the non-current asset portion its 2019 balance sheet? At what amount?

PLEASE SHOW ALL WORK