The below information is the same for the next three questions. On January 1, 20X1, a company financed the sale of equipment and recorded a note receivable for the sale. The accountant inappropriately recorded the sale at the face value and coupon rate in the below income statement. Notes receivable (Face value) 430,000 Tax rate 30% Note receivable information: Term of the note 8 years Coupon rate 1.2% Market rate 5.6% The note is due in equal annual payments of principle and interest. Incorrect income statement, for the year ended December 31, 20X1 Sales $1,832,200 Interest revenue 5,160 Cost of goods sold 826,300 Expenses 657,800 Pretax income 353,260 Tax expense 105,978 Net income $247,282 What is the fair value of the note receivable?