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On January 1, Boston Company completed the following transactions (use a 7% annunt interest rate for all transactions) (EV of $1. PV of $1. EVA

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On January 1, Boston Company completed the following transactions (use a 7% annunt interest rate for all transactions) (EV of $1. PV of $1. EVA of $1, and PVA of S1 (Use the appropriate factor(s) from the tables provided.) a. Promised to pay a fixed amount of $6,300 at the end of each year for nine years and a one-time payment of $115,600 at the end of the 9th year. b. Established a plant remodeling fund of $490.450 to be available at the end of Year 10. A single sum that will grow to $490,450 will be deposited on January 1 of this year c. Agreed to pay a severance package to a discharged employee. The company will pay $75,300 at the end of the first year $112,800 at the end of the second year , and $150,300 at the end of the third year d. Purchased a $171,500 machine on January 1 of this year for $34,300 cash A five-year note is signed for the balance. The note will be paid in five equal year-end payments starting on December 31 of this year 4-a. In transaction (d), what is the amount of each of the equal annual payments that will be paid on the note? (Round your answer to nearest whole dollar.) Arndal payments 4-a. In transaction (d). what is the amount of each of the equal annual payments that will be paid on the note7 Round your awere nearest whole dollar.) 4 Annual payments 4-5. What is the total amount of Interest expense that will be incurred? (Round your answer to nearest whole dollar) Interest oxponso

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