What is the answer to the second one?

|_Your answer is partially correct. Try again. Oriole Inc. operates a retail computer store. To improve its delivery services to customers, the company purchased four new trucks on April 1, 2020. The terms of acquisition for each truck were as follows: 1. 2. 3. Truck #1 had a list price of $29,200 and was acquired for a cash payment of $23,500. Truck #2 had a list price of $28,700 and was acquired for a down payment of $2,000 cash and a non-interest-bearing note with a face amount of $26,700. The note is due April 1, 2021. Oriole would normally have to pay interest at a rate of 11% for such a borrowing, and the dealership has an incremental borrowing rate of 8%. Truck #3 had a list price of $24,400. It was acquired in exchange for a computer system that Oriole carries in inventory. The computer system cost $17,600 and is normally sold by Oriole for $20,600. Oriole uses perpetual inventory system. Truck #4 had a list price of $26,100. It was acquired in exchange for 1,000 common shares of Oriole Inc. The common shares trade in an active market valued at $22 per share in the most recent trade. 4. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Prepare the appropriate journal entries for Oriole Inc. for the above transactions, assuming that Oriole prepares financial statements in accordance with IFRS. For Truck #2, calculate the purchase price using any of the three methods (tables, financial calculator, or Excel). (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round factor values to 5 decimal places, e.g. 1.25124 and final answers to o decimal places, e.g. 5,275.) No. Account Titles and Explanation Debit Credit 1. Vehicles 23500 Cash 23500 (To record purchase of Truck #1.) 2. TVehicles 28,836 Cash 2000 Notes Payable 28,836 (To record purchase of Truck #2.) 3. TVehicles 20,600 Sales Revenue 20,600 (To record purchase of Truck #3.) Cost of Goods Sold 17,600 17,600 Inventory (To record the cost of sold goods.) 4.TVehicles 22000 Common Shares 22000 (To record purchase of Truck #4.)