Question: Brief Exercise G-4 Your answer is incorrect. Try again. Bates Company issued $1,000,000, 10-year bonds and agreed to make annual sinking fund deposits of $78,000.

Brief Exercise G-4 Your answer is incorrect. Try again. Bates Company issued $1,000,000, 10-year bonds and agreed to make annual sinking fund deposits of $78,000. The deposits are made at the end of each year into an account paying 6% annual interest. Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount will be in the sinking fund at the end of 10 years? (Round answer to 2 decimal places, e.g. 25.75.) Amount in the sinking fund Click if you would like to Show Work for this

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