Ronca co$.$is looking for financing to expand its laboratory and buys a patent for a new technology which its going to use for the next $10$ years.Ronca Co$.$agrees to pay $$70,000$ for the patient intead of paying cash for the patent.Ronca Co$.$ issues a note for $$100,000$ which is payable in five anual installment of $$20,000$ each.Ronca Co$.$pays the seller $$20,000$ on the day of the contract signing.Which of the following is the amount of debt Ronca Co is going to record in its accounting?