Teslla Corporation purchased land by signing a note with the seller requiring $15,000 immediately and $42,000 three years after the purchase. The note is noninterest-bearing, but the interest rate for similar land purchases with notes of similar risk is 10%. Note: Round your final answers to the nearest whole dollar. a. Compute the value recorded in the Land account. $ 70,902 x b. Compute the interest the company records for the first year of the note. 5 4,200 x