Compute the present value of $48,000, invested for six years at 8%. Present value of $1. 5% 6% 3 0.864 0.840 0.823 0.792 0.784 0.747 0.746 0.705 7 0.711 0.665 7% 0.816 0.763 0.713 0 666 0.623 8% 0.794 0.735 0.681 0.630 0.583 9% 0.772 0.708 0 650 0 596 0.547 O A. $26.400 O B. $34.080 O c. $30,240 D. $38.240 On March 1, 2024, Everson Services issued a 6% long-term notes payable for $20,000. It is payable over a 5-year term in $4,000 annual principal payments on March 1 of each year plus interest, beginning March 1, 2025. Each yearly installment will include both principal repayment of $4,000 and interest payment for the preceding one-year period. On March 1, 2025, The accounting period ends on December 31 O A. Everson must pay $1,200 of interest to the note holder O B. Everson must accrue the next note payment of $4,000 as the current portion of principal payment O C. Everson must accrue $4,000 of Interest Expense D. Everson will receive $4,000 as an installment payment Connecticut, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Connecticut, Inc. Comparative Balance Sheet December 31, 2025 and 2024 2025 2024 Increase/(Decrease) Cash $25,000 $24,000 $1,000 Accounts Receivable 31,000 35,000 (4,000) Merchandise Inventory 53,000 26,000 27,000 Plant and Equipment 125,000 95,000 30,000 Accumulated Depreciation - Plant and Equipment (44,000) (42,000) (2.000) O A. $ 163,000 B. $21,000 O C. $(163,000) OD. $(21,000) his