Required information [The following information applies to the questions displayed below.] On January 1, Boston Company completed the following transactions (use a 7% annual interest rate for all trarisactions): 1 EV of S1, PV of \$1, EVA of \$1. and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. a. Promised to pay a fixed amount of $6,900 at the end of each year for eight years and a one-time payment of $116,800 at the end of the 8th yeat. b. Established a plant remodeling fund of $491,350 to be twallable at the end of Year 9. A single sum that will grow to $491,350 will be deposited on January 1 of this year. c. Agreed to pay a severance package to a discharged employee. The compary will pay $75,900 at the end of the first year, $113,400 at the end of the second year, and $150,900 at the end of the third year. d. Purchased a $174,500. machine on January 1 of this year for $34,900 cash. A flive-year note is signed for the baiance. The note will be paid in five equal year-end payments starting on December 31 of this yeat. 4-a. In transaction (d), what is the amount of each of the equal annual payments that will be paid on the note? 4.b. What is the total amount of interest expense that will be incurred? Complete this question by entering your answers in the tabs below. In transaction (d), what is the amount of each of the equal annual payments that will be paid on the note? Note: Round your answer to nearest whole doller