Mason Company acquired a building with a loan that requires payments of $$28,000$ every six months for $3$ years. The annual interest rate on the loan is $8\%.$ What

is the present value of the building? $($PV of $$1,$ V of $$1,$ PVA of $$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables provided.$)$

Multiple Choice

$$112,581$

$$72,159$

$$146,779$

$$168,000$

$$86,167$