Last year the company exchanged a piece of land for a non-interest-bearing note. The note is to be paid at the rate of $13,600 per year for 9 years, beginning one year from the date of disposal of the land. An appropriate rate of interest for the note was 11%. At the time the land was originally purchased, it cost $83,700. What is the fair value of the note? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, e.g. 458,581) The fair value of the note S