On January 1, 20X0, Vickie Maher purchases a large screen LCD TV from American Furniture and Appliance Co for $10,000. According to the terms of the sale the payment of $10,000 is due on Dec 31, 20X3. The prevailing rate of interest is 6% compounded semi-annually. On January 1, 20X0, what should Vickie record as the cost of the TV?