Problem 2. Recording issuance of note receivable ( 15 points). On December 31,2023 , Eleanor Company finished consultation services and accepted a promissory note with a face value of $300,000. The note's maturity date is December 31,2025 , and includes a stated rate of 4%. Accrued interest will be paid on December 31 of each year, while the face value of $300,000 will be paid at maturity. 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 3%. You may use the tables on page 2 of this exam to find the appropriate PV factors, or you may use your financial calculator. Round your answers to the nearest dollar. Required: A. What is the Fair Value of the note on December 31, 2023? (In other words, at what amount should the note be recorded on Eleanor Company's books?) B. Complete the Schedule of Note Discount Amortization for Eleanor Company under the effective interest method. (Round to whole dollars.)