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Solve this please thank you :DOn December 3 1 , 2 0 2 3 , Cullumber Company rendered services to Riverbed Corp. at an agreed

Solve this please thank you :DOn December 31,2023, Cullumber Company rendered services to Riverbed Corp. at an agreed price of $97,354.75. In payment,
Cullumber accepted $38,160 cash and agreed to receive the balance in four equal installments of $19,080 that are due each
December 31 starting in 2024. An interest rate of 11% is applicable.
Click here to view the factor table PRESENT VALUE OF 1.
Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1.
The tables in this problem are to be used as a reference for this problem.
(a1)
Your answer is incorrect.
Calculate the value of the note receivable at December 31,2023.(Round answer to 2 decimal places, e.g.5,275.25. For calculation
purposes, use 5 decimal places as displayed in the factor table provided.)
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