SHOW STEP BY STEP, explain thoroughly and answer each journal entry please. Thank you!

[The following information applies to the questions displayed below.] Stellar Corporation purchased equipment and in exchange signed a two-year promissory note. The note requires Stellar to make a single payment of $100,000 in two years. Stellar has other promissory notes that charge interest at the annual rate of 5 percent. 2. to 5. Prepare the journal entries to record the equipment purchase, the interest on the note at the end of the first and second year and the payment of $100,000 at the end of the second year. (If no entry is required for a transaction/event, select "No Journal entry required" in the first account field. Round your final answers to the nearest whole dollar amount.) Journal entry worksheet D> Record the equipment purchase. Note: Enter debits before credits