570348

NE Question Vaughn Manufacturing borrowed $80.000 from Liter Bank on January 1, 2015 in order to expand mining capabilities. The note required annual payments of $223014 and carried an annual interest rate of 8.54. What is the balance in the mots payable account at December 31, 2020 f payments are made at the end of each year? O $731436 OS $5703 $730400 Check if you would like to show Work for this question Show Work