Prepare a Schedule of Note Discount Amortization for Marigold Company under the effective interest method. (Round answers to 0 decimal places, e.g. 5,275.) Cash Interest (6%) Effective Interest (12%) Discount Amortized Present Value of Note Date 12/31/197 Unamortized Discount Balance 94393 560607 12/31/20 39300 78600 12/31/21 39300 78600 12/31/22 39300 78600 117900 235800 Click if you would like to Show Work for this question: Open Show Work Testbank Problem 163 a-b On December 31, 2019, Marigold Company finished consulting services and accepted in exchange a promissory note with a face value of $655,000, a due date of December 31, 2022, and a stated rate of 6%, with interest receivable at the end of each year. The fair value of the services is not readily determinable and the note is not readily marketable. Under the circumstances, the note is considered to have an appropriate imputed rate of interest of 12%. The following interest factors are provided: Table Factors For Three Periods Future Value of 1 Present Value of 1 Future Value of Ordinary Annuity of 1 Present Value of Ordinary Annuity of 1 Interest Rate 6% 12% 1.19102 1.40493 0.83962 0.71178 3.18360 3.37440 2.67301 2.40183