3 On September 30, 2024, a company acquired a patent. The agreement specified that the company will pay $1,250,000 immediately and then another $1,250,000 on September 30, 2026. An interest rate of 11% reflects the time value of money for this type of loan agreement. (PV of $1, PVA of $1) The company should record the acquisition of the patent on September 30, 2024, for what amount? Multiple Choice $2,264,525 $2,407,185 $2,121,863 $2,319,570