what is the amount and present value for installments and down payment? Thank you!

On June 30, 2018, the Johnstone Company purchased equipment from Genovese Corp. Johnstone agreed to pay Genovese $10,000 on the purchase date and the balance in five annual installments of $8,000 on each June 30 beginning June 30, 2019. Assuming that an interest rate of 10% properly reflects the time value of money in this situation, at what amount should Johnstone value the equipment? (Round your final answers to nearest whole dollar amount.) Show lessA Table values are based on: n = | 5 i = 10% Cash Flow Amount Present Value Installments Down Payment 40,362 Value of the equipment