On January 1, Boston Company completed the following transactions (use a 7% annual interest rate for all transactions): ( EV of $1. PV of $1. EVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) a. Promised to pay a fixed amount of $6,100 at the end of each year for eight years and a one-time payment of $115,200 at the end of the 8th year. b. Established a plant remodeling fund of $490,150 to be available at the end of Year 9. A single sum that will grow to $490,150 will be deposited on January 1 of this year. c. Agreed to pay a severance package to a discharged employee. The company will pay $75,100 at the end of the first year, $112.600 at the end of the second year, and $150,100 at the end of the third year. d. Purchased a $170,500 machine on January 1 of this year for $34,100 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. 3. In transaction (c), determine the present value of this obligation. (Round your answer to nearest whole dollar.) Present value