20 points 04:06:22 eBook Print References Required information [The following information applies to the questions displayed below] On January 1, Boston Company completed the following transactions (use a 7% annual interest rate for all transactions): ( FV of $1. PV of $1, FVA of $1, and PVA of $1) Note: Use appropriate factor(s) from the tables provided. a. Promised to pay a fixed amount of $6,000 at the end of each year for seven years and a one-time payment of $115,000 at the end of the 7th year. b. Established a ant remodeling fund of $490,000 to be available at the end of Year 8. A single sum that will grow to $490,000 will be deposited on January 1 of this year. c. Agreed to pay a severance package to a discharged employee. The company will pay $75,000 at the end of the first year, $112,500 at the end of the second year, and $150,000 at the end of the third year. d. Purchased a $170,000 machine on January 1 of this year for $34,000 cash. A five-year note is signed for the balance. The note will be paid in five equal year-end payments starting on December 31 of this year. 3. In transaction (g), determine the present value of this obligation. Note: Round your intermediate and final answer to nearest whole dollar. Present value

Required informetion The following information appives to the questions displayed below] On January 1. Boston Company completed the following transactions (use a 7% annual interest rate for all transactions) EV olst. PV of St, BVA of S1, and DVA of S1) Note: Use appropriate foctor(s) from the tobles provided. a. Promised to pay a fixed amount of $6,000 at the end of each year for seven years and a one-time payment of $115,000 at the end of the Th year. b. Estabished a plant remodeling fund of $490,000 to be avalable at the end of Year 8.A single sum that will grow to $490,000 will be deposited on January 1 of this year. c.Agreed to pay a severance package to a discharged employee. The company will pay $75,000 at the end of the first year, $112,500 at the end of the second year, and $150,000 at the end of the third year. d. Purchased a $170,000 machine on January 1 of this year for $34,000 cash A five year note is signed for the balance The note will be paid in five equal yeat-end payments starting on December 31 of this year. 3. In trarsaction (d, determine the present value of this obligation Note: Mound your intermediete snd final answer to neorest, whole dollar. Required information The following information applies to the questions displayed below) On January 1, Boston Company completed the following transictions (use a 7% annual interest rate for all transactions) 1 EV of \$1. PV of \$1. EVA of St, and PVA or \$1) Note: Use oppropriate factor(s) from the tobles provided. a. Promised to pay a foxed amourt of $6,000 at the end of each year for seven years and a one-time payment of $115,000 at the end of the 7 th year. b. Established a plant remodeling fund of $490,000 to be avastable at the end of Year 8 . A single sum that wil grow to $490,000 will be deposited on January 1 of this yeat C. Agreed to pay a severance package to o discharged employee. The company will pay $57,000 at the end of the first year, $112,500 at the end of the second year, and $150,000 at the end of the third yeat d. Purchased a $170,000 machine on January 1 of this year for $34,000 cash. A tive-year note is signed for the balance The note will be paid in five equal year-end payments starting on December 31 of this year. 3. In transaction (c), determine the present value of this obligation Note: Round your intermediote and final answer to nenrest whole dollar