Green Industries purchased a machine from Cyan Corporation on October 1, 2021. In payment for the $143,000 purchase, Green issued a one-year installment note to be paid in equal monthly payments at the end of each month. The payments include interest at the rate of 12%. Monthly installment payments are closest to: (F V of $1, P V of $1, F VA of $1, P VA of $1, F VAD of $1 and P VAD of $1) (Use appropriate factor(s) from the tables provided.)

Multiple Choice

• $11,917.
• $17,160.
• $12,705.
• $13,793.