On January $1,2024,$ the Mountain Company agreed to purchase a building by making six payments. The first three are to be $$39,000$ each, and will be paid on December $31,2024,2025,$ and $2026.$ The last three are to be $$54,000$ each and will be paid on December $31,2027,2028,$ and $2029.$ Mountain borrowed other money at a $12\%$ annual rate.

Required:

At what amount should Mountain record the note payable and corresponding cost of the building on January $1,2024?$

How much interest expense on this note will Mountain recognize in $2024?$

Note: For all requirements, use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$

$\backslash$table$[[1.$ Amount recorded$],[2.$ Interest expense$]]$