Wu Inc. operates a retail computer store. To improve its delivery services to customers, the company purchased four new trucks on April $1,2023.$ The terms of acquisition for each truck were as follows: $1.$ Truck #$1$ had a list price of $$27,000$ and was acquired for a cash payment of $$23,900.2.$ Truck #$2$ had a list price of $$28,000$ and was acquired for a down payment of $$2,000$ cash and a non$-$interest$-$bearing note with a face amount of $$26,000.$ The note is due April $1,2024.$ Wu would normally have to pay interest at a rate of $10\%$ for such a borrowing, and the dealership has an incremental borrowing rate of $8\%.3.$ Truck #$3$ had a list price of $$25,000.$ It was acquired in exchange for a computer system that Wu carries in inventory. The computer system cost $$16,500$ and is normally sold by Wu for $$21,000.$ Wu uses a perpetual inventory system. $4.$ Truck #$4$ had a list price of $$26,000.$ It was acquired in exchange for $1,000$ common shares of Wu$.$ The common shares trade in an active market valued at $$23$ per share in the most recent trade. Click here to view Table A$\mathrm{.}4-$ PRESENT VALUE OF AN ORDINARY ANNUITY OF $1($a$)$ Prepare the appropriate journal entries for Wu Inc. for the above transactions, assuming that Wu 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. List all debit entries before credit entries. Round factor values to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answers to $0$ decimal places, e$.$g$.5,275.)$