I would like to have the answers to Q5,6,7. Thank you.

PART B (LIABILITIES): On January 1, 2012, Border Company purchased a truck that cost $17,000. The company signed a $17,000 notes payable that specied four equal annual payments (at each year-end), each of which includes a repayment of the principal and interest on the unpaid balance at 10% per annum. The company estimates the useful life of 10 years with zero residual value for the truck. Round up to the nearest dollar. 5. What is the beginning balance of total notes payable (including both the Long-term notes payable and the current portion of long-term notes payable) on January 1, 2014? [2 POINTS] 6. On January 1, 2014 (not January 1, 2012), What is the NPV of the rest two installments under the 10% annual interest rate? [2 POINTS] 7. Will the interest paid with the rst annual payment be more or less than the interest paid with the second annual payment? Explain your answer. [2 POINTS]