Tech Magic purchased a new computer system and in return signed a three-year $30,000 non-interest bearing note payable. An investigation by the company's accountant revealed that similar notes have market rates of interest around 8%. At what amount should the computer system be initially recorded on Tech Magic's financial statements? Select one: a. $30,000. O b. $25,771 O c. $27,777 O d. $23,814