Computing Present Values for Bonds, Notes, and Leases Broderick Company entered into the following transactions in the current year. a. On December 31 , the company issued 6\%, 15-year, $12,000 bonds that pay cash interest semiannually on June 30 and December 31 . The market rate of interest for bonds with similar risk is 7%. b. The company purchased equipment on December 30 . The seller agreed to accept a down payment of $12,000 and a two-year, noninterest-bearing note of $54,000 (this amount includes the principal and all interest) due in two years. Assume that the market rate of interest for this debt is 13%. c. The company leased a building beginning on December 31 , for 10 years that requires annual lease payments of $72,000 with the first lease payment due immediately on December 31. The market rate of interest for this lease is 6%. Required Compute the present value as of December 31, for the (a) bond, (b) noninterest-bearing note, and (c) lease liability. -Note: Round your answers to the nearest whole dollar. -Note: Do not use a negative sign (-) with your answers. (a) q (b) $ (c) $