R Company was indebted to A Inc. at January 1, 2014. The note called for a $25,000 payment to be made on December 31 2014 and also on December 31, 2015. The note was non-interest bearing yet 10% was the prevailing rate at the time the note was issued. What is the book value of the note on R's January 1, 2014 balance sheet (rounded)? 00:30 Multiple Choice (20) YouTube $43,388 $38.962 $50,000 $43,388 0:19 $38,962 $50,000 $47,500 $47727