Hi! Could someone please walk me through how to do this problem? If possible could you also walk me through the steps of doing this through a financial calculator?

Present and future value tables of $1 at 11% are presented below. 1 2 3 PV of $1 FV of $1 PVA of $1 0.90090 1.11000 0.90090 0.81162 1.23210 1.71252 0.73119 1.36763 2.44371 0.65873 1.51807 3.10245 0.59345 1.68506 3.69590 0.53464 1.87041 4.23054 FVA of $1 1.0000 2.1100 3.3421 4.7097 6.2278 7.9129 4 5 6 On October 1, 2018, Justine Company purchased equipment from Napa Inc. in exchange for a noninterest-bearing note payable in two equal annual payments of $580,000, beginning Oct 1, 2019. Similar borrowings have carried an 11% interest rate. The equipment would be recorded at: Multiple Choice $1,032.400 O $993,262 $1,160,000. $1,417,352