Voltoco, Inc. has a number of circumstances that require determination of present value (PV) or future value (FV) amounts. Voltoco's weighted average cost of capital is 8%, and its borrowing cost is 6%. For each of the arrangements described below, use the Time Value of Money tables as needed to determine the required value and enter it into the space provided. Round to the whole number.

1. Voltoco acquired a new machine under a deferred payment arrangement that provides payment of $12,000 at the end of three (3) years. At what amount should Voltoco record the new machine?
2. Voltoco entered into a capital lease that requires fixed payments of $12,000 at the end of each of the next five (5) years. Voltoco's borrowing cost is less than the lessor's implied interest rate. What amount should Voltoco record as a lease liability?
3. Voltoco entered into a debt obligation for $100,000, which requires repayment in full at the end of 10 years. To ensure its ability to repay when due, Voltoco wishes to make equal annual payments at the end of each year into a sinking fund that will earn 8% per year compounded. What amount should Voltoco contribute to the sinking fund each year?
4. Voltoco acquired new production equipment that it expects will save $5,000 per year in production-related cash expenditures at the end of each of the next eight (8) years. At the end of the eight (8) years, it expects to sell the used equipment for $5,000. What is the present value of Voltoco's expected cash inflow from this equipment?	....