Para Company purchases a piece of detection equipment from Normal Inc. Para takes delivery of the equipment on $12/31/2024$ and gives Normal a note with a face value of $$10,000$ with payment of the face value due in $3$ years, and no periodic payments during the $3-$year period. The market interest rate on that date for $3-$year loans of this type is $7\%.$ The present value of the payment at this rate is $$8,163.$

How should Para report the transaction in its $12/31/2024$ balance sheet? Para should:

$($a$)$ Report the equipment at $$10,000$ and the note payable at $$10,000.$

$($b$)$ Report the equipment at $$10,000$ and the note payable at $$8,163.$

$($c$)$ Report the equipment at $$8,163$ and the note payable at $$10,000.$

$($d$)$ Report the equipment at $$8,163$ and the note payable at $$8,163.$