Swifty Corporation is in the business of selling cattle. Due to recent diseases plaguing cattle, Swifty is experiencing a cash shortage. Swifty issued a $330,400, 6-year, zero-interest-bearing note to Little Town Corp. on January 1, 2020, and received $236,000 cash. In addition, to conserve cash, Swifty agreed to sell cattle to Little Town for an amount less than the regular selling price over the 6-year period. The market interest rate for similar notes is 8%. Swifty uses the effective interest method.