I have attached to practice questions to be completed. Basic accounting questions. Thank you.

E9-23 Computing Deposit Required and Accounting for a Single-Sum Savings Account (Supplement C) On January 1, 2014, Alan King decided to deposit $89,300 in a savings account that will provide funds 6 years later to send his son to college. The savings account will earn 13 percent, which will be added to the fund each year-end. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Required: 1. How much will be available in 6 years? 2. Prepare the journal entry that Alan should make on January 1, 2014. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry options No journal entry required Accounts payable Cash Income taxes payable Interest expense Interest payable Interest revenue Liability for withholding taxes Note payable Payroll tax expense Property taxes payable Purchases Rent revenue Rent revenue collected in advance Savings account Service revenue Unearned revenue Wage expense Wages payable Warranty expense 3. What is the interest for the 6 years? 4. Prepare the journal entry that Alan should make on December 31, 2014 and December 31, 2015. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry options No journal entry required Accounts payable Cash Income taxes payable Interest expense Interest payable Interest revenue Liability for withholding taxes Note payable Payroll tax expense Property taxes payable Purchases Rent revenue Rent revenue collected in advance Savings account Service revenue Unearned revenue Wage expense Wages payable Warranty expense P911 Computing Present Values LO97, 98 [The following information applies to the questions displayed below.] On January 1, 2014, Boston Company completed the following transactions (use a 8 percent annual i all transactions): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) provided.) a . b . c . d . Borrowed $111,000 for six years. Will pay $8,880 interest at the end of each year and repay the $ end of the 6th year. Established a plant addition fund of $400,000 to be available at the end of year 9. A single sum th $400,000 will be deposited on January 1, 2014. Agreed to pay a severance package to a discharged employee. The company will pay $73,000 at t first year, $132,500 at the end of the second year, and $133,000 at the end of the third year. Purchased a $240,000 machine on January 1, 2014, and paid cash, $36,000. A nineyear note pay for the balance. The note will be paid in nine equal yearend payments starting on December 31, References Required: 1. In transaction (a), determine the present value of the debt. 2-a. In transaction (b), what single sum amount must the company deposit on January 1, 2014? 2-b. What is the total amount of interest revenue that will be earned? 3. In transaction (c), determine the present value of this obligation. 4-a. In transaction (d), what is the amount of each of the equal annual payments that will be paid on the note? 4-b. What is the total amount of interest expense that will be incurred