On June 30,2024 , the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $10,000 on the purchase date and the balance in five annual installments of $8,000 on each June 30 beginning June 30,2025 . Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Stone value the equipment? Note: Round your final answers to nearest whole dollar amount. On June 30,2024 , the Stone Company purchased equipment from Paper Corporation. Stone agreed to pay $10,000 on the purchase date and the balance in five annual installments of $8,000 on each June 30 beginning June 30,2025 . Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Stone value the equipment? Note: Round your final answers to nearest whole dollar amount