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DON Corp. is contemplating the purchase of a machine that will produce cash savings of $39,000 per year for five years. At the end of

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DON Corp. is contemplating the purchase of a machine that will produce cash savings of $39,000 per year for five years. At the end of five years, the machine can be sold to realize cash flows of $6,900 Interest is 10%. Assume the cash flows occur at the end of each year. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the total present value of the cash savings. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Total present value On January 1, 2021, Glanville Company sold goods to Otter Corporation. Otter signed an installment note requiring payment of $22,000 annually for five years. The first payment was made on January 1, 2021. The prevailing rate of interest for this type of note at date of issuance was 10%. Glanville should record sales revenue in January 2021 of. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $91,737 $110.000 $83,397 None of these answer choices are correct

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