Sunland Company receives a $61,700,9-year note bearing interest of 6% (paid annually) from a customer at a time when the discount rate is 7%. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the present value of the note received by Sunland? (Round answer to 2 decimal places, e.g. 25.25.) $ Present value of note received