PV of $1Periods 3 5 9 10(4%. 89. 82 .70 .68 ) (6%.84. 74. 59. 56) ( 8%.79.68.50.46 )'(9%.77 .65 .46. 42). Present Value of anOrdinary Annuity

(4% 2.77 4.45 7.43 8.11)(6% 2.67 4.21 6.80 7.36) (8% 2.57 3.99 6.25 6.71)(9%2.53 3.89 5.99 6.41)

Advisi X (829) X Launcial X Welco X ASU Syllab FIN 45 X LaunchSu Assign X ASU Quiz: X Cours x G ong-T X + F- CD A asu.instructure.com/courses/38715/quizzes/314480/take M ASU D Question 5 0.71 pts USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (4) QUESTIONS: *For all PV calculations, use the tables presented in #1 above. On January 1, 2020, ABC rendered services to Smith Corporation and 989 accepted a $200,000 note. In exchange, Smith agreed to make (5) annual payments of P&I with the first payment to be made on December 31, 2020. An interest rate of 8% is imputed. ? Required: Use the information above to answer the next (4) questions: 1. Determine the amount of (1) PMT of P&I $[Question_1] 2. What amount of Service Revenue should ABC recognize on January 1, 2020? $. 3. What amount of Interest Revenue should ABC recognize on this note for the year $_ ending December 31, 2021? 4. What is the Carrying Value of the Note Receivable at December 31, 2021? $ Required: Determine the amount of (1) PMT of P&I: S K