Exercise $5-11($Static$)$ Deferred annuities $[$LO$5-8]$

Lincoln Company purchased merchandise from Grandville Corp. on September $30,2021.$ Payment was made in the form of a noninterest$-$bearing note requiring Lincoln to make six annual payments of $$5,000$ on each September $30,$ beginning on September $30,2024.($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)($Use appropriate factor$($s$)$ from the tables provided. Round your final answers to nearest whole dollar amount.$)$

Required:

Calculate the amount at which Lincoln should record the note payable and corresponding purchases on September $30,2021,$ assuming that an interest rate of $10\%$ properly reflects the time value of money in this situation.