help

Rae Company purchased a new vehicle by paying $11.300 cash on the purchase date and agreed to pay $4.300 every three months during the next five years. The first payment is due three months after the purchase date, Ree's incremental borrowing rate is 12%. The liability reported on the balance sheet as of the purchase date, after the initial $11,300 payment was made, is closest tool s1.py of SJ. EVA of 5, and PVA 55 (Use appropriate factors) from the tables provided.) Multiple Choice O $75.273 $86,000 $97,300 $63.973