On September 1. 2023, Sheridan Ltd. purchased equipment for $42,600 by signing a two-year note payable with a face value of $42.600 due on September 1,2025 . The going rate of interest for this level of risk was 7%. The compary has a December 31 year end. (The tables in this problem are to be used as a reference for this problem.) Click here to view Table A.2- PRESENT VALUE OF 1 - (PRESENT VALUE OF A SINGLE SUM) Click here to view Table A.4 - PRESENT VALUE OF AN ORDINARY ANNUITY OF 1 Calculate the cost of the equipment, where necessary using any of the three methods (tables, financial calculator, or Excel), assuming the note is as follows: (Round foctor values to 5 decimal ploces, eg 1.25124 and final anders to 0 decimal ploces, eg. 5.275 ) 1. An 7\% interest-bearing note, with interest due each September 1. 2. A 2\%6 interest-bearing note, with interest due each September 1. 3. A non-interest-bearing note. 1. An 7% interest-bearing note $ 2. A 2* interest-bearing note $ 3. A non-interest-bearing note $