please answer with correct and detailed calculations and explanations. make sure supporting statements are also provided for each step and calculation.

Andy Corporation borrowed $1,500,000 on January 1, 2014. The note agreement specifies that it will pay interest quarterly at 8%% On March 31, June 30, September 30 and December 31. The principal will be due on December 31, 2019. The company's fiscal year ends on December 31. What journal entry will Andy Corporation make on January 1, 2014? What journal entry will Andy Corporation make at the end of each quarter? What journal entries will Andy Corporation make on December 31, 2019? Prepare the journal entry that Andy Corporation will record on January 1, 2014. (Record debits first, then credits. Exclude explanations from any journal entries.) Account January 1, 2014