Exercise 5-11 (Algo) Deferred annuities (LO5-8) Lincoln Company purchased merchandise from Grandville Corp. on September 30, 2021. Payment was made in the form of a noninterest-bearing note requiring Lincoln to make six annual payments of $4,800 on each September 30, beginning on September 30, 2024. (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. Round your final answer to nearest whole dollar amount.) Required: Calculate the amount at which Lincoln should record the note payable and corresponding purchases on September 30, 2021, assuming that an interest rate of 9% properly reflects the time value of money in this situation. Amount recorded 106101 FOTO WH + LES TRT OH 19 SEPT 1065 E I CO THE OSCE 11642011 15.67 14.113.70934 1313994 12.592912085111233560 18 163EIT TUS 1499303 14 15336 1.75351118968 17690115998959 11100101010 11133631401429LET 132301126513185679 170 10.0 10.47736 548 15457911953 91764 CENE os ser ut DOES IT POET DIT OP TE TILLET SELT PENE LETRES 1605 1333 12 4926 127 11937941151141 111 10.73955 1037461003758 SIE W 00001 SEILS 101 70 510048754 34047165 SET 4 74100 6 6.435 DO PISO E TI WOTE BINET ESCENS NEOCOL 90161 LISTENZE CES 09556 ENT LEISS BEL RE TOOL BOVESE CHE E ALT 1110113305 LO 998565 MESOT PORE LITE 12 11 10 10 10751 10:57541025716 RS 110.3613 10.0711 WAL IL IWIT 109.2018 556255 BISE 311091223 TE 16 CONCE 175200 1970 7104 TO 671004176661441941 7.00 59933 7990055905410 574664 505395 40 41130443 5389 COW VESEE PELLO 125159 OSCO 13000 TON 7019119 6.11454 820 35 5.41919 CE LUPEO TROLLE 10 GO OLLES 'S LET'S CATE 13 E HINS GOSTOMS ME DEMEY to THE MESSE SER TASTE 6TH 7 # 79540 RE 76 56631 800301 534014 1787 VIVE 49953 + 471540 BUT 5 54 5 4645 3. Sosts BOERE IONE CORE + BE CHEC STELLE IT 31 121 2 15111424437114 11101111 112 1100 091141 1111 CH 2610 GARE Z 281 190T E DEOSEE TE OOT KOLE LISE TEORET E RE ET stot TEVE ET At POT CEWET ISO OOOO TE LOS OLELE 19 THIS BOLSO BE 1 3.5730 36290 27750 149 17347 10 60.96154 3.54 1 CHE 1 INT 2 RESSO PO 0.0009791 CORO LOGO 1 TA S 09 HIST PVA TABLE & Present Value of an ordinary Annuity of 51 Mb OOTTO LETO ESCOLD WO TEO TONED OLSED DECO 1900 ISO OSO ESCPD 0 TO SCOOTTOSTO CO 661180 STOSTO CO HOSEOMRO 2STVO OSO 90 SO GESSO E 91000 1619 O OTOIT OS WHO SOUTO LE LORO LOLO COCO SELEO SONO O BIOPO ESO DISCO COCONOCESO DE 27 corsero TSTORT ELICO SO FAR SE PO TAYO O TEO TOLSTSEWE MELE SPEEDO ST9 1600 CESTO CO CO STO SUO SOCO LOCO TEPIDSESSED LOGO TORO COSTO GLOCO 661 ECO 66 O BOOSTEROOLS SRO SL190 ZOLOLO CO SITO OH W LED TESZD ROSE BLOCO DI TEOSO 1195 0 50000 MOD END LOE EDAL SITIO WEB PRO 11 SSSO C01010 66 186250 HOSSO 960001000127990 NILO 950LD OLD GEOSHO 21 WONOSCO Y YO ES so 19 90 90 E PIESE ATO ore I 1199 L VISO SWETROPOGICO SEBOSO BOSO O 16 DOSSLVO SOLO DI STOLINOSOS 1860 10000 TO DISCOSO ESO MIO NIVO 191190 OROSZORLD CHLOE EO EO RICO SEB 1999 OKTORSO INDO 159 SO GOOD SLOTHSCORED LET MED TO DO 16 O 60 LED 90.0 HDICO COLO COSCOLOGO LOODLOOS EL E POST LE LACY POSESI MA TO NETOP LATO SENSO 11100 TORSO AO DO SILD UND SOCO ESTELD SPORTO COMO TOCNO SEND 25060 BESO SED TO DO FOSED OROLO MENO SO DOSTOPOS INDO DELEO SED IL RISED SEDADOPTED TO TOESSO SELO OD DOGO HIO HISTS 916 CHO SKO O ALLOWED 191130 PESTO MO 030 CHORDOSO SIGO 9516D18 HD 19 YO W 0000000 SONHO HO S60 50 15190 195 66 60 60601 SO Sur W 05 ST SE WE WWE +1) -Ad 15 16 JA TUV
