Bowman Inc. purchased land on January 1, 2020, by issuing a three-year, $185,000 note, structured as a zero-interest-bearing note. The entire principal is payable December 31, 2022. The market rate of 9% is implicit in this agreement. What is the implied fair value of the land? a. $185,000 b. $142,854 c. $171,296 d. $158,608