Why the balance for discount on note receivable is not correct?

On January 1, 2016, Wright Transport sold four school busses to the Elmira School District. In exchange for he buses, Wright received a note requiring payment of $519,000 by Elmira on December 31, 2018. The effective interest rate is 6% (FV of$1. pyofS1. EVAof$1. PVA of$1. EVADof$1 and PVADOfSD Use appropriate factor(s) from the tables provided.) Required: 1. How much sales revenue would Wright recognize on January 1, 2016, for this transaction? ales revenue S 435,752 2. Prepare journal entries to record the sale of merchandise on January 1, 2016 (omit any entry that might be required for the cost of the goods sold), the December 31, 2016, interest accrual, the December 31 2017, interest accrual, and receipt of payment of the note on December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the sale of goods on January 1, 2016 in exchange for the long term note. Note: Enter debits before credits. General Journal DebitCredit Date January 01, 2016 Note receivable 519 83248 Discount on note receivable Sales revenue 52