Straight industries purchased a large plece of equipment from Curvy Compty on January 1, 2019. Straight Industries signed a note agreeing to pay Curvy Company $400,000 for the equipment on December 31, 2021. The market rate of interest for similar notes was 8. The present value of $400,000 discounted at 8% for three years was $317.532. on January 1, 2019, Straight Industries recorded the purchase with a debit to equipment for $317.632 and a credit to notos payable for $317.532. (EX.01 $1. Pyt1 PVA of S1, and PVA OS1) (Use the appropriate factor(s) from the tables provided) On Strnight industriestintorice street for the year ended December 31, 2019, the book value of the ability for notes payable, including accrued Interest would be Closest to Mutlu 534293 >