Novak Corporation purchased a special tractor on December 31, 2020. The purchase agreement stipulated that Novak should pay $ 21,390 at the time of purchase and $ 4.780 at the end of each of the next years. The tractor should be recorded on December 31, 2020, at what amount, assuming an appropriate interest rate of 1262 (Round factor values to 5 decimal places, es 1.25124 and final answer to O decimal places, es 458,581) Cost of tractor to be recorded $ e Textbook and Media Attempts: 0 of 2 used Submit Answer Save for Later