REQUIREDAnswer each of the following Be sure to show all calculations in good form. On December 31, 2019, Green Company finished consultation services and accepted in exchange a promissory note with a face value of $850,000, a due date of December 31, 2022, and a stated rate of 5%, 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 10% The following interest factors are provided Interest Rate Table Factors For Three Periods 5% 10% Future Value of 1 1.15763 1.33100 Present Value of 1 86384 75132 Future Value of Ordinary Annuity of 1 3.15250 3.31000 Present Value of Ordinary Annuity of 1 2.72325 248085 Instructions (a) Determine the present value of the note. (b) Ignore your answer to part a and assume that the present value of the note is $720,000 - all other terms associated with the note are the same. Complete the following Amortization Table for ALL years under the effective interest method. (Round to whole dollars). Please note the titles of the columns in the amortization table THE DUE DATE OF THE NOTE IS DECEMBER 31, 2022. Date Interest Cash Recognized interest Discount Amortized Discount Balance Carrying Value 12/31/19 12/31/20 12/31/21 12/31/22 Prepare the following journal entries: December 31, 2019 December 31, 2020 December 31, 2022