Question: i need help asap and corrct answerplease i am runninh out of time Marin Corporation purchased a computer on December 31,2019 , for $130,200, paying

i need help asap and corrct answerplease i am runninh out of time
i need help asap and corrct answerplease i am runninh out of
time Marin Corporation purchased a computer on December 31,2019 , for $130,200,
paying $37,200 down and agreeing to pay the balance in five equal

Marin Corporation purchased a computer on December 31,2019 , for $130,200, paying $37,200 down and agreeing to pay the balance in five equal instaliments of $18,600 payable each December 31 beginning in 2020 . An assumed interest rate of 8% is implicit in the purchase price. Prepare the journal entry at the date of purchase. (Round factor values to 5 decimal ploces, e.5. 1.25124 and final answers to 2 decimal places, e.8. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts.) Prepare the journal entry at December 31,2020 , to record the payment and interest (effective-interest method employed). (Round answers to 2 decimal places, es. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles ond enter ofor the amounts.) Prepare the journal entryat December 31, 2021, to record the payment and interest (effective-interest method employed). (Round answers to 2 decimal places, e.s. 52.75. Credit occount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts.)

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