YouTube X D2L Chapter X M Question X M Question X ChatGP X G Pretzeln X Dashbo: X GTraduct X Search F X + X C 2% ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.. Q LR YouTube Music M Gmail LG MyPima D2L D2L . Google Maps [ Others ] School Work ) STUDY All Bookmarks Chapter 9 Quiz Saved 5 On January 1, 2024, a company purchases new equipment for $841,000. The company is required to make a down payment of $127,000 and issue an installment note for the remaining balance of $714,000. The note requires payments of $97,468.00 every three months, beginning March 31, 2024, over the next two years. The interest rate on the note is 8% annually (or 2% every three months). Required: 1. Record the purchase of equipment with down payment of $127,000 and the installment note of $714,000 on January 1, 2024. 00:10:45 2. Record the first payment of $97,468.00 on March 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to 2 decimal places.) View transaction list Journal entry worksheet