President Company purchased merchandise from Captain Corporation on September 30, 2024Payment was made in the form of a noninterest-bearing note requiring President to make six annual payments of $6,000 on each September 30, beginning on September 30, 2027 Required: Calculate the amount at which President should record the note payable and corresponding purchase on September 30, 2024 assuming that an interest rate of 12% properly reflects the time value of money in this situation Note: Use tables, Excel, or a financial calculatorRound your final answers to nearest whole dollar amountRound your intermediate calculations to the nearest whole dollarPV of EVA of PVA of FVAD of and PVAD of 1 Amount recorded