Question: The Codfather (a local fish and chips shop) issued a note to The New Cod on the Block (another company) on March 1, 2020 in

 The Codfather (a local fish and chips shop) issued a note

The Codfather (a local fish and chips shop) issued a note to The New Cod on the Block (another company) on March 1, 2020 in exchange for equipment. The details of the note are below. Face value - $201.156 . Date of Issuance - March 1, 2020 . Date of maturity - March 1, 2021 Interest rate in the note - 09 . Market rate of interest - 5% The Codfather has a December 31 year-end and the company does not prepare interim financial statements. On issuance of the note, The Codfather would credit notes payable for Round your final answer to the nearest dollar. Do not round intermediary answers. Do not use $ signs in your final

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