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 transactions): ( EV of $1. PV of $1. FVA of $1, and PVA of $1) Note: Use appropriate factor(s) from the tables provided. a. Promised to pay a fixed amount of $6.500 at the end of each year for eight years and a one-time payment of $116,000 at the end of the 8th year. b. Established a plant remodeling fund of $490.750 to be available at the end of Year 9. A single sum that will grow to $490.750 will be deposited on January 1 of this year. c. Agreed to pay a severance package to a discharged employee. The company will pay $75.500 at the end of the first year, $113,000 at the end of the second year, and $150,500 at the end of the third year d Purchased a $172.500 machine on January 1 of this year for $34,500 cash. A five-year note is signed for the balance. The note will be paid in five equal year-end payments starting on December 31 of this year 4-6. 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 4a Req 4b 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 dollar Note payable 27.600 O