An investment will pay $21,500 at the end of the first year, $31,500 at the end of the second year, and $51,500 at the end of the third year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 10% annual interest rate. (Round your answer to nearest whole dollar.) Present value of investment Diane Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of the year: $550,000 308,000 Total assets Total noncurrent assets Liabilities: Notes payable (8%, due in 5 years) Accounts payable Income taxes payable Liability for withholding taxes Rent revenue collected in advance Bonds payable (due in 15 years) Wages payable Property taxes payable Note payable (10%, due in 6 months) Interest payable Common stock 24,000 56,000 14,000 3,000 7,000 96,000 7,000 3,000 16,000 800 180,000 Required: 1-a. What is the amount of current liabilities? Current liabilities