Sunland Company receives a $70,000,6-year note bearing interest of 8% (paid annually) from a customer at a time when the discount rate is 12%. 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 TABLE 1 Future Value of 1 TABLE 3 Present Value of 1 TABLE 2 Future Value of an Annuity of 1 TABLE 4 Present Value of an Annuity of 1