On Jаnuаry 1, 2026, Steаlth Cоmpany sоld a machine fоr $36,000. The customer paid $6,000 cash and signed a three-year, $30,000 note with a stated rate of 3% payable each December 31. The principal is payable on December 31, 2028. The market rate for a note of similar risk is 10%. Instructions Compute the present value of the note. Prepare an amortization schedule using the effective-interest method. Prepare the entries required for this note on January 1, 2026 (ignoring the cost of sale entry), and December 31, 2026.