On January $1,2025,$ Ivanhoe Corporation purchased $321$ of the $$1,000$ face value, $9\%,10-$year bonds of Walters Inc. The bonds mature on January $1,2035,$ and pay interest annually beginning January $1,2026.$ Ivanhoe purchased the bonds to yield $11\%.$ How much did Ivanhoe pay for the bonds? $($Round factor values to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answer to $0$ decimal places, e$.$g$.458,581.)$

Ivanhoe must pay for the bonds $

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Ivanhoe Corporation bought a new machine and agreed to pay for it in equal annual installments of $$4,880$ at the end of each of the next $10$ years. Assuming that a prevailing interest rate of $8\%$ applies to this contract, how much should Ivanhoe record as the cost of the machine? $($Round factor values to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answer to $0$ decimal places, e$.$g$.458,581.)$

Cost of the machine to be recorded $

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