Canliss Mining Company borrowed money from a local bank. The note the company signed requires five annual installment payments of $14.000 not due for three years. The interest rate on the note is 7% (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) What amount did Canliss borrow? (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) ellow Step 1: Calculate the PV of the Ordinary Annuity Component Payment ne - Present Value Step 2: Convert the Annuity to a single Bum: Payment Present Value