29. Short Company purchased land by paying $29,000 cash on the purchase date and agreed to pay $29,000 for each of the next nine years beginning one-year from the purchase date. Short's Incremental borrowing rate is 9%. On the balance sheet as of the purchase date, after the initial $29,000 payment was made, the liability reported is closest to: (EVorsi, PV of $1. EVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.) O $202,862 $261,000. O $173.862 $120 72