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Rachel Corporation purchased a building by paying $94.000 cash on the purchase of agreeing to pay $50.800 every year for the next seven years and

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Rachel Corporation purchased a building by paying $94.000 cash on the purchase of agreeing to pay $50.800 every year for the next seven years and one payment of $104,000 ten years from the purchase dete The payment is due one year after the purchase date Rachel's incremental borrowing . The y reported at on the balance sheets of the purchase dane, afer the inc .000 payment was made, is closest to Vot PV of $1 EVA of SL and PVA P 511 (Use appropriate factors from the tables provided) O $264,484 $406.655 $312.655 $459,600

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