Present Value of $1 Present Value of an Ordinary Annuity n 3% 15% 16% 10% 12% 3% 5% 16% 1096 12% 1 97087 95238.9434090909 89286 97087 95238 94403 90909 89286 5 86261 78353.74726.62092 56743 4.57971 4.329484 21236|3.79079 3 60478 16 83748.74622.70496 56447 50663 5.417195 075694.91732 4.355264 11141 10.74409 61391558393855432197 8 53020 7.721737.360096.144575 65022 12 70138 55684 496973186325668 9.95400 8 863258.38384 6.813696. 19437 On January 1, 2019, ABC Company performed services for a client in exchange for a cash down payment of $50,000 and 5-year $300,000, 6% interest bearing note with the interest to be paid at the end of each year (DE 31). The customer had a credit rating that required the money be borrowed at 10% How much Service Revenue should ABC recognize on January 1, 2019? 10 7440961391.55839 38554.32197 8.53020 7.72173 7.36009 6.14457 E 12.70138.55684 4969731863.25668 9.954008.863258.3838416.81369 On January 1, 2019, ABC Company performed services for a client in exchange for $50,000 and 5-year, $300,000, 6% interest bearing note with the interest to be paid 31). The customer had a credit rating that required the money be borrowed at 10%. How much Service Revenue should ABC recognize on January 1, 2019? $254,300 $254,538 $236,300 $304,511