Answer:
1) the present value of the note:
PV of face value = $10,000 / (1 + 8%)³ = $7,938.32
PV of interest payments = $1,000 x 2.5771 (PV annuity factor, 8%, 3 periods) = $2,577.10
PV of note = $10,515.42
2) Dr Notes receivable 10,515.42
          Cr Cash 10,000
          Cr Discount on notes receivable 515.42
3) assuming the loan was made January 2, 2021
Date                         Cash flow     Discount         Balance
January 2, 2021       -$10,000                             $10,515.42
January 2, 2022       $1,000        $171.81            $10,343.61
January 2, 2023       $1,000        $171.81             $10,171.80     
January 2, 2024       $11,000       $171.80                  $0
4) December 31, accrued interest on notes receivable
Dr Interest receivable 1,000
Dr Discount on notes receivable 171.81
       Cr Interest revenue 1,171.81