What are the calculations to come up with the Note Receivable from Sale of Division on the Balance sheet?

4. On July 1, 2020, Marin sold a parcel of land to Splinter Company for $200,000 under an installment sale contract. Splinter made a $60,000 cash down payment on July 1, 2020, and signed a 4-year 10% note for the $140,000 balance. The equal annual payments of principal and interest on the note will be $45,125 payable on July 1, 2021, through July 1, 2024. The land could have been sold at an established cash price of $200,000. The cost of the land to Marin was $150,000. Circumstances are such that the collection of the installments on the note is reasonably assured.

(b) Prepare a schedule showing the current portion of the long-term receivables and accrued interest receivable that would appear in Marins balance sheet at December 31, 2020. (Round answers to 0 decimal places, e.g. 5,129.) MARIN INC.

Selected Balance Sheet Balances December 31, 2020

Current portion of long-term receivables

Note receivable from sale of division $ 800,000

Installment contract receivable 108,875

Total current portion of long-term receivables $ 908,875

Accrued interest receivable Note receivable from sale of division $ ???????

Installment contract receivable 108,875

Total accrued interest receivable $