Braxton Technologies, Inc, constructed a conveyor for A\&G Warehousers that was completed and ready for use on January 1,2021 A\&G paid for the conveyor by issuing a $100,000, four-year note that specified 5% interest to be paid on December 31 of each year. and the note is to be repaid at the end of four years. The conveyor was custom-built for A\&G, so its cash price was unknown. By comparison with similar transactions it was determined that a reasonable interest rate was 12%. (FV. of \$1, PV of \$1, EVA of \$1. PVA of S1. EVAD of \$1. and PVAD of S1) (Use appropriate foctor(s) from the tables provided.) Required: 1. Prepare the journal entry for A\&G's purchase of the conveyor on January 1, 2021 2. Prepare an amortization schedule for the four-year term of the note 3. Prepare the journat entry for A&G s third interest payment on December 31, 2023 4.II A\&G's note had been an installment note to be paid in four equal payments at the end of each year beginning December 31,2021 , What would be the amount of each instaliment? 5. By considering the installment payment of requirement 4. prepare an amortization schedule for the four-year term of the installment note 6. Prepare the journal entry for A\&G's third instaliment payment on December 31,2023 Complete this question by entering your answers in the tabs below