Present and future values of $1 at 11% are presented below. On October 1,2024, Justine Company purchased equipment from Napa incorporated in exchange for a noninterest-bearing note payable in three equal annual payments of $610,000, beginning October 1, 2025. Similar borrowings have carried an 11% interest rate, The equipment would be recorded ot: Multiple Chaice $1,830,000 51,892,494