omplete the way emering your answers in the tabs below. Required 1 Required 2 Required 3...

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omplete the way emering your answers in the tabs below. Required 1 Required 2 Required 3 On June 30, 2024, the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $27,000 on the purchase date and the balance in eight annual installments of $4,000 on each June 30 beginning June 30, 2025. Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Stone value the equipment? Note: Round your final answers to nearest whole dollar amount. Time values are based on: Show less A Cash Flow Installments Down Payment n Value of the equipment Amount Present Value Required Required 2 > omplete the way emering your answers in the tabs below. Required 1 Required 2 Required 3 On June 30, 2024, the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $27,000 on the purchase date and the balance in eight annual installments of $4,000 on each June 30 beginning June 30, 2025. Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Stone value the equipment? Note: Round your final answers to nearest whole dollar amount. Time values are based on: Show less A Cash Flow Installments Down Payment n Value of the equipment Amount Present Value Required Required 2 >