2 Do 6 Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $13,000 not due for three years. The interest rate on the note is 4%. (EV of $1 PV of $1. EVA of $1. EVA LS1 EVAD of $1 and EVAD QS) (Use appropriate factor(s) from the tables provided.) What amount did Canliss borrow? (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount) Answer is complete but not entirely correct. Step 1: Calculate the PV of the Ordinary Annuity Component Payment 3 3 Present Value Step 2 Convert the Annulty to a Single Sum Payment 13,000 O 5 57 8740 57,574 Present Value S 51,450 0000 Return to que