On March $31,2022,$ Sather Company issued a $$486,000,4\%,3-$year note payable when the market rate was $8\%.$ Interest is due on each March $31,$ beginning March $31,2023.$ The company's fiscal year ends on December $31.$

Requirement a$.$ Prepare the journal entry to record the issuance of the note payable. $($Use the present value and future value tables, a financial calculator, or a spreadsheet for your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X$.$XXXXX$.$ Round your final answers to the nearest whole dollar. Record debits first, then credits. Exclude explanations from any journal entries.$)$

$\backslash$table$[[$Account$,$March $31,2022],[$Cash$,],[$Discount on Note Payable,$],[$Long$-$Term Note Payable,$],[,]]$

Requirement b$.$ Prepare an amortization table. $($Round each calculation to the nearest whole number and then use the rounded value for each subsequent calculation in the table.$)$

$\backslash$table$[[$Date$,\backslash$table$[[$Cash$],[$Interest$]],\backslash$table$[[$Effective$],[$Interest$]],\backslash$table$[[$Discount$/$Premium$],[$Amortization$]],\backslash$table$[[$Carrying$],[$Value$]]],[$March $31,2022,,,,],[$March $31,2023,,,,],[$March $31,2024,19440,,,],[$March $31,2025,19440,,,]]$