Eagle Corp. purchased a new piece of equipment on January 1,…

Eаgle Cоrp. purchаsed а new piece оf equipment оn January 1, 2024.  The equipment had a list price of $100,000, however the seller agreed to allow Eagle Corp. to pay for the equipment in 8 yearly installments of $15,000 on December 31 of each year.  Assuming the note incurs interest at 12% annually, what amount should Eagle Corp. debit the equipment account for on the date of purchase? You must use the honorlock calculator to solve the problem. (round to the nearest dollar).   Answer:  $_______