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Harvey, Inc. performed services on October 1,2014 and received a $268,958,10% note requiring 5 equal...

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Accounting

Harvey, Inc. performed services on October 1,2014 and received a $268,958,10% note requiring 5 equal annual payments of P&I, with the first payment to be received immediately on Oct. 1,2014. The remaining four payments will be received each Oct 1. Harvey's year-end is December 31.
a. Compute the amount of the annual payment of P&I (round your factor to 4 decimal (Round your final answer to the nearest whole dollar.)
(b) Combined Carrying Value of note & interest at December 31,2014:
c) Interest Revenue for year-ended December 31,2015

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