On January 1 of this year, Shannon Company completed the following transactions (assume a 8% annual interest rate): (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) a. Bought a delivery truck and agreed to pay $61,100 at the end of three years. b. Rented an office building and was given the option of paying $11,100 at the end of each of the next three years or paying $29,100 immediately. C. Established a savings account by depositing a single amount that will increase to $92,200 at the end of seven years. d. Decided to deposit a single sum in the bank that will provide 8 equal annual year-end payments of $41,100 to a retired employee (payments starting December 31 of this year). Required: a. What is the cost of the truck that should be recorded at the time of purchase? (Round your answer to nearest whole dollar.) Cost of the truck b. Which option for the office building results in the lowest present value? O Pay in three installments O Pay in single installment c. What single amount must be deposited in this account on January 1 of this year? (Round your answer to nearest whole dollar.) Amount to deposit d. What single sum must be deposited in the bank on January 1 of this year? (Round your answer to nearest whole dollar.) Amount to deposit Present of Any of $1 10 SO 99010 0.97087 09 1941 272225 OM 100002 26 2009 390197 495343 SP 098039 194156 2 3.80773 471346 56014) 66199 7.32548 81 8909 095395 199287 27 355133 468325 52507 6.05790 6.80280 7.52077 871229 096154 188609 272509 30 465182 520214 095923 187935 25190 3 442073 51004 3.71710 457971 5.41719 623028 701969 OD 18339 267301 11 2123 4917 S2 7.65168 85660 9.47130 573274 7.43533 8.11090 665178 7.35135 5. S 05121 71072 772133 10 651523 70 5020 73000 Present Value of Annuity of $1 2.05 4.0 9.25252 854154 70T 10.36763 112 12.13344 74967 709 995 1056112 11.11809 330641 386125 9.35 9.89064 10.3796 10.30 9.7008S 1057534 11 1210625 123456 1157771 1429187 1403 1567846 1610 19.52346 22.9646 1471781 15 56225 1639827 172201 1804555 2202316 2580271 1063496 11 1193794 12.54110 111412 1551 1637380 1887247 1741315 9 6004 9.83351 1079000 1092652 11.44031 1191315 12 6060 8.87979 952269 10.16236 1062 1131500 1187017 1240498 1292046 1241731 12920 16.04320 1782925 12.16467 1269930 13.13394 13.59033 15.62208 17.29203 929690 9.71225 101010 1047 10.2160 11.15812 11.1992 123 131480 11 1200512 1246221 14.09 1537245 1542 10791 946465 9.76322 1000 1033560 105401 1165350 124904 13.2137 1521734 16.77902 Present Value of Annuity of $1 Perlede 8.0 100% 11.04 12.0% 130 16.0% 15.0 20.01 NO SE COCO 089286 169005 00174 011 253129 323972 388165 2013 20000 164000 195200 25160 2.68928 1.70326 2.57710 3.31213 1921 462288 520617 574644 6.249 11000 0 0000 1.23554 240185 1160 3.79079 435526 436842 533493 5.79002 61457 00000 1.71252 2.44371 10245 3.6950 423054 471220 514612 5.53705 1023 0.416037219090570033) 1.65810 154666 162571 19278 232163 2.28323 2 .10548 291371 3.51723 3.43308 35216 2.99061 3.99755 33 78 4.42261 428030 3.60459 AT 46732 333216 SI GO 54224 5.01877 10075 3.60478 4.11141 456376 416764 52225 5.65022 501295 553482 116114 3891 36313 357050 641766 Present Value of any of $1 9.09 100% 11.04 16% 200 NOSE 52001 6.49506 6.81369 7.103:36 365640 272512 1275 730378 24 6.03236 7.16073 2.400 7615 80606 DOBLE 5.93770 6.19437 62155 662817 6.81006 697209 5.68694 591265 612181 63000 67 5.45273 566029 5.30 6.000 61017 626505 637285 572 584737 59423 604716 LISEE SUCEE 4563 461052 467547 472956 477663 481219 4 38502 3311 33 3.92794 3563 8.7556) 9: 30 724157 789371 802155 20141 8.362 16 0704 94261 CH 672909 63091 69 7.70162 70 SON 655037 662313 687293 7.00266 6.923 625833 666415 10.608 1125778 80114 36937 454759 47894 395 384 399505 1027265 05516 565 Present Value of $1 10 3.0% SEO 0.96386 5144 OCHO 9560 006880 089952 0.99010 0.000 09052 09609 514 0940 091272 092348 91634 092082 O. 091514 349 0.86261 0837 0.81309 O. 076642 0.74409 0922 090573 871 087056 0.85349 DEN 082005 089544 15307 OR 080181 0.77283 199923 092013 088262 OB 081212 0.77901 0. 125 0.71679 068757 090203 0.96384 32270 0053 0.74622 0. 98 0.87344 OBN61 090 071299 066634 062275 58201 054393 0.76726 0.70496 OGOS 062761 029031 79992 NO 0.71797 0.69202 070254 067556 06 054061 0.61391 Present Value of $1 Periodo 20% 4.ON 6.ON 080426 0.78849 0.77303 0.72242 0.70138 0.66701 054290 061965 059726 057568 062650 060057 057748 055526 053391 01632 0.88145 0326 0 3600 0.35135 0.85282 034 033602 0.82774 081954 072972 0.74192 058068 055684 051012 050507 048102 045811 0.74301 0.72845 071616 0.70016 0.68643 063265 60686 O5212 OS 0532 051179 0.69284 0.47275 045148 064112 0.64186 0.62317 0.00502 0.58739 0.57029 0. 16 0.47761 0.41199 0.52671 0.49697 04 0.442 0.41727 09365 0.37130 1034 011051 0.31180 021300 0.17411 0.47509 0.44401 0410 018) 016205 033873 031657 029506 027651 0.25842 0.18435 013137 OS 0.51548 0.49685 0479 0.39838 033140 0.49363 047664 045699 0.37512 0.30832 041952 039523 Ona 029510 06005) 0.55207 35126 0.28689 023118 Present Value of $1 Parade 10.0 11.0% 12.0% NOTE: 16.ON 15.04 20.0N NOSE 087719 0.0009 082645 0.92593 0.85734 0.0183 073503 0.66058 0.6017 0.58149 0.54027 50025 0.46319 0.9174) 0.14168 0.77218 0.2004 0.64993 0. 52 0.54703 0182 0.66043 0.42241 068301 0.6.2012 056447 051316 0.46651 0.42410 554 09000 0.81162 073119 065873 050345 53464 0.48166 0.43 039092 035218 089206 079719 0.71178 063552 0.5673 050663 0.45235 0.40388 0.36051 0.32192 0 88496 0.78315 0.69305 0.61332 0.54276 0.43032 043506 0.37616 0.33288 29459 0.76947 0.67497 059200 051937 0.45559 039944 35056 030751 0.26974 0.06957 0.75614 065752 057175 0.49718 0.43233 37594 0.32690 0.28426 024718 03033 0.69444 0.57870 0.48225 0.40188 03140 027900 023252 019381 0.16151 080000 06000 51200 040000 0.32760 1214 020072 016777 0.11422 ou 010737 Present Value of $1 Periods 30 9.0 10. 11.0 13.0 SO 15.04 20.0 3. 0216 OSO LO CON 000 0.36720 0.34006 0.31524 0 29189 027027 025025 023171 038753 0.35553 0.32618 0.29925 027654 0.25182 023107 02119 35049 031363 0.28966 0.26333 0239 021763 0.19784 01766 0.16351 Q10 31728 0.28584 0.25751 023199 020900 18829 0.16063 1522 2018 0.25668 022917 0.20062 018270 016312 14564 0.13004 026070 022071 020416 18068 0.15989 0.16150 0.12522 0.11081 0.2014 1991 1 ) 014133 012289 . 009293 09081 01922 006110 020756 1207 15971 014010 012209 10780 009456 08295 007226 003779 0.0195 OOST 00015 0.13459 011215 00305 007789 05491 GOD 004507 0.03756 003130 0.0008 0.01048 0 00021 001001 0014 001153 000378 173 0.11592 0.07537 10002 0938 0.12403 0.07361 0.04368 000 004710 02557 0.05731 0.01510