solve question D please!!!!!

Sarasota inc, has decided to purchase equipment from Central industries on January 2. 2022 to expand its production capacity to meet cuntomer's demand for its product. Sarasota issues a $1.026.000,5-year, zero-interest-bearing note to Central for the new equipment when the prevailing market rate of interect for obligations of this nature is 11%. The company will pay off the note in five 5205.200 installments doe at the end of each year over the life of the note. (a) Your answer is correct. Prepare the journal entry at the date of purchase. (Round foctor velues to 5 decimal pleces, es. 1.25124 and final answers to 0 decimol places, esg. 5,275. Credit account tieles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts) Prepare the journal entry at the date of purchase. (Round foctor values to 5 decimal places, es. 1.25124 and final answers to 0 decimal places, es. 5,275. Credit account titiet are automatically indented when amount is entered. Do not indent manually. If no entry is required, seiect "No Entry" for the occount tities and enter O for the amounts.) Prepare the fournal entry at the end of the first year to record the payment and interest, assuming that the compamy employs the effective-interest method (Round answers to 0 decimal places, es. 5,275. 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 and enter O for the amounts.) Prepare the journal entry at the end of the second year to record the payment and interest. Pound onswers to 0 decimal places, e; 5,275, Credit occount titles are automaticolly indented when amount is entered Do not indent manually. If no entry is required, select 'No Entry for the occotmt titles and enter Ofor the amounts) Assuming that the equipment had a 10 -year life and no residual value, prepare the journal entry necessary to record depreciaticn in the first year. (Straight-line depreciation is employed.] Found arswers to 0 decimaf places, es. 5,275 . Credit occount tities are automaticolly indented when arnount is entered, Do not indent manually if no eniry is required, select "No Entry" for the decount tilies and enter O for the amounts)