Rachel Corporation Purchased a Building by Paying $90,000 Cash on the Purchase

Rachel Corporation purchased a building by paying $90,000 cash on the purchase date,agreeing to pay $50,000 every year for the next nine years and one payment of $100,000 ten years from the purchase date.The first payment is due one year after the purchase date.Rachel's incremental borrowing rate is 10%.(FV of $1,PV of $1,FVA of $1,and PVA of $1) (Use the appropriate factor(s) from the tables provided. )
- The liability reported at on the balance sheet as of the purchase date,after the initial $90,000 payment was made,is closest to:

A) $326,505.
B) $460,000.
C) $287,950.
D) $416,505.