Question: Please provide the correct answer to this general accounting problem using accurate calculations. On October 1, Silverline Inc. purchased machinery from Alpha Corp. Silverline paid

Please provide the correct answer to this general accounting problem using accurate calculations.

On October 1, Silverline Inc. purchased machinery from Alpha Corp. Silverline paid $15,000 in cash and signed a $120,000 noninterest-bearing note payable, due in four years. The company recorded a $29,460 discount on the note payable.What is the Present value of the

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