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 S) (Use the appropriate factor(s) from the tables provided.) a. Promised to pay a fixed amount of $7,900 at the end of each year for nine years and a one-time payment of $118,800 at the end of the 9th year. b. Established a plant remodeling fund of $492,850 to be availlable at the end of Year 10. A single sum that will grow to $492,850 will be deposited on January 1 of this year. c Agreed to pay a severance package to a discharged employee. The company will pay $76,900 at the end of the first year, $114,400 at the end of the second year, and $151,900 at the end of the third year. d. Purchased a $179,500 machine on January 1 of this year for $35,900 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 Required: 1. In transaction (a), determine the present value of the debt. (Round your answer to nearest whole dollar) Answer is complete but not entirely correct. Presert value 116.316 O