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Frasquita acquired equipment from the manufacturer on 6 / 3 0 / 2 0 2 4 and gave a noninterest - bearing note in exchange.

Frasquita acquired equipment from the manufacturer on 6/30/2024 and gave a noninterest-bearing note in exchange. Frasquita is obligated to pay $574,000 on 430?2025 to satisfy the obligation in full.
If Frasquita accrued interest of $18,000 on the note in its 2024 year-end financial statements, what amount would it have recorded the equipment for on 630?2024?
Multiple Choice
$532,000
$544,000
$574,000
$514,00
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