Please answer question in format of how question is asked example

Fair value is =

Calculation

N=

I/y=

BAKE-HOME PROBLEM SET # SSTHROUGHM S. MMMM Corporation produced waste collection equipment at a cost of $480,000 for the waste collection equipment at a cost of $480,000 for the main production facility of Quinto delivery Corporation a installments of $100,000 over ten years from Quinto annual payment of $100,000 was due from Quinto Enterprises on January 2, 2018. Enterprises. Upon delivery of the equipment on January 2, 2018, MMMM ccepted a zero-interest note with a total face value of $1,000,000 payable in annual Enterprises to finance the equipment. The first MMMM Corporation determined that an interest rate of 10.2% was appropriate for providing financing to Quinto Enterprises over ten years. a. Compute the fair value of the sales transaction implied by the terms of the agreement. (6 points including inputs in table below) SUPPORTING CALCULATIONS using a Financial Calculator or Excel EXCEL I/Y PV PMT FV MODE Formula L60 000 b. Determine the amounts of sales revenue and interest revenue that MMMM Corporation should recognize in its income statement for the year ended December 31, 2018. (4 points) Your Answers Sales Revenue Interest Revenue SUPPORTING CALCULATION: 511000 tohs