Onone 30, 2021, Kimberly Farms purchased custom made harvesting equipment from a local produced in payment mettygned anoninterest beaning note requiring the payment of $80,000 in two years. The fair value of the equipment is not known, but an 7 interest rate properly reflects the time value of money for this type of loan agreement of St. Pet SIEVA OESI. PVA OST PVADOR 31 and PVAD 1) (Use appropriate factors) from the tables provided) At what amount will Kimberly initially value the equipment How much interest expense will kimberly recognize in s income statement for this name for the year ended December 31, 2027 Round your answers to the nearest dollar value) Diction ** 8 0 E R. o P G . K