National Serving Co. discounted the following two interest-bearing note. Compute the missing information. Use a 360-day year.

a.	Face Value:	$2,800
	Date of Note:	June 15
	Interest Rate:	10%
	Time to Run:	80 days
	Discount Date:	August 5
	Discount Rate:	16%
	Interest Amount:	__________
	Maturity Value:	__________
	Maturity Date:	__________
	Days of Discount:	29 days
	Discount Amount:	$36.89
	Proceeds:	__________

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