6. On January 1st, 2019, Blow Bros. (1 Vallee Ln, Old Orchard Beach, ME 04064) purchased a porta potty truck that had a sticker (list) price of $30,000. The seller agreed to allow Blow Bros. to pay for the truck over a three-year period at 8% interest on the unpaid balance and with equal payments of $10,440 due at the end of 2019, 2020, and 2021. The amount that should be debited to the asset account, Machinery, on the day the contract was initiated is (rounded to the nearest dollar)? a. $26,905 b. $31,320 c. $30,000 d. $33,893 e. None of the above

6. On January 1", 2019, Blow Bros. (1 Vallee Ln, Old Orchard Beach, ME 04064) purchased a porta potty truck that had a sticker (list) price of $30,000. The seller agreed to allow Blow Bros. to pay for the truck over a three-year period at 8% interest on the unpaid balance and with equal payments of $10,440 due at the end of 2019,2020 , and 2021 . The amount that should be debited to the asset account, Machinery, on the day the contract was initiated is (rounded to the nearest dollar)? a. $26,905 b. $31,320 c. $30,000 d. $33,893 e. None of the above