(c) Novak Corporation bought a new machine and agreed to pay for it in equal annual installments of $ 5610 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 8% applies to this contract, how much should Novak record as the cost of the machine? (Round factor values to 5 decimal places, 08. 125124 and final answer to decimal places, es 458,561.) Cost of the machine to be recorded $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit