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Carla Vista Co. receives a $71,000,6-year note bearing interest of 7% (paid annually) from a customer at a time when the discount rate is 6%

Carla Vista Co. receives a $71,000,6-year note bearing interest of 7% (paid annually) from a customer at a time when the discount rate is 6% Click here to view the factor table. (For calculation purposes, use 5 declmal places as displayed in the foctor table provided.) What is the present value of the note received by Carla Vista? (Round answer to 2 decimal ploces, es. 25.25.)

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