On June 1, 2021, Company Y purchased a new machine on credit. The total payment, which includes the principal and interest, will be due on June 1, 2023. Assuming effective interest rate of 10%, the cost of the machine would be the total payment multiplied by which of the following time value of money concept? A. Future amount of annuity of $1. B. Future amount of $1. C. Present value of $1. D. Present value of annuity of $1