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  3. on january 1, 202x, hawks delivery inc. purchased

On January 1, 202x, Hawks Delivery Inc. purchased a van to deliver goods at the...

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Accounting

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On January 1, 202x, Hawks Delivery Inc. purchased a van to deliver goods at the beginning of the current year. The vendor offered Hawks Delivery Inc. financing terms that required Hawks Delivery Inc. to make 8 equal semi-annual payments of $ 44000 at the end of every second quarter. The current interest rate for Hawks Delivery Inc. is 10 %. How much would Hawks Delivery Inc. record as the initial purchase price of the van? Round your answer to the nearest dollar. Your

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