OnJanuary1,2017,Elmo Co.exchanged equipment for a $400,000 zero-interest-bearing note due on January 1,2020.The market rate of interest for a note of this type was 10%.The present value of $1at 10% for three periods is 0.75131.The future value of $1 for three periods is 1.33100 Elmo Co. uses the effective interest rate method. What amount of interest revenue should be included in Elmo's Dec. 31st, 2019 annual income statement?

$0 $36,364 $33,059 $30,053

answer is 30053

give detail please