4. Gold Co. purchased a piece of machinery on January 5, 2023 by issuing a $450,000, 6-year, zero-interest bearing note to HCL Heavy Equipment Co.
At the time of purchase, Gold also paid cash of $2,000 in freight, $5,000 for a special foundation for the heavy machine and $4,500 in installation and trial run costs.
Prepare the journal entry to record Gold's purchase of the machinery on January 5, 2023.