On January 1,2024 , the Mountain Company agreed to purchase a building by making six payments. The first three are to be $27,000 each, and will be paid on December 31,2024,2025, and 2026 . The last three are to be $42,000 each and will be paid on December 31,2027, 2028, and 2029. Mountain borrowed other money at a 10% annual rate. Required: 1. At what amount should Mountain record the note payable and corresponding cost of the building on January 1,2024 ? 2. How much interest expense on this note will Mountain recognize in 2024? Note: For all requirements, use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. (FV of $1, PV of $1. FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1 )