Question 8 Sunland Inc, decided to purchase equipment from Central Ontario Industries on January 2, 2020, to expand its production capacity to meet customers' demand for its product. Sunland Issued a $891,000, 6-year, non-interest-bearing note to Central Ontario for the new equipment when the prevailing market interest rate for obligations of this nature was 11%. The company will pay off the note in 6 $ 148,500 instalments due at the end of each year of the note's life. The tables in this problem are to be used as a reference for this problem.) Click here to view the factor table PRESENT VALUE OF L. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF