3. Webster Mining plans to purchase of a new sorting machine. The purchase financing arrangement consists of a quarterly payment of $29,600, at the end of each period, for 7 years at 8% interest. What is value that should be used to record this asset? Due Date: Uploaded to Canvas (Under Assignments) by 10/10/2021 at 11:59pm. No late work will be accepted. Complete all of the required tasks utilizing excel and label everything. No partial credit can be given if no work is shown