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Sheldrick Contracting owes Western Equipment $60,000 payable on June 14. In late April, Sheldrick has...

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Accounting

Sheldrick Contracting owes Western Equipment $60,000 payable on June 14. In late April, Sheldrick has surplus cash and wants to settle its debt. If Western can earn 3.6% on its money, how much should Western accept on April 29? (Do not round your intermediate calculations and round your final answer to 2 decimal places. Use 365 days a year.)

please, can someone answer correctly? 3 people have gotten it incorrect.

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