Ch$.6$ Assignment due $\frac{3}{20}$

Computing Present Values for Bonds, Notes, and Leases

Broderick Company entered into the following transactions in the current year. $7\%.$ principal and all interest$)$ due in two years. Assume that the market rate of interest for this debt is $13\%.$ market rate of interest for this lease is $6\%.$

Required

Compute the present value as of December $31,$ for the $($a$)$ bond, $($b$)$ noninterest$-$bearing note, and $($c$)$ lease liability.

Note: Round your ahswers to the nearest whole dollar.

Note: Do not use a negative sign $(-)$ with your answers.

$($a$)$ $$3,632$

$($b$)$ $

$($c$)$ $