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On May 10, Macy and Son gave Whitewater Raft Supply a 60-day, 6 percent note for $4,500, date May 9 . On June 2, Whitewater

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On May 10, Macy and Son gave Whitewater Raft Supply a 60-day, 6 percent note for $4,500, date May 9 . On June 2, Whitewater Raft Supply discounted the note at New National Bank. The bank charges a discount rate of 6.5 percent. How much is the proceeds of the sale

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