American Food Services, Incorporated, acquired a packaging machine from Barton and Barton Corporation. - Barton and Barton completed construction of the machine on January 1.2024 - In payment for the $4.6 million machine, American Food Services issued a four-year installment note to be paid in four equal payments at the end of each year. - The payments include interest at the rate of 12% Required: 1. Prepare the Journal entry for American Food Services' purchase of the machine on January 1, 2024. 2. Prepare an amortization schedule for the four-year term of the installment note. 3. Prepare the journal entry for the first installment payment on December 31,2024 . 4. Prepare the joumal entry for the third installment payment on December 31,2026. Note: Use tables, Excel, or a financial calculator. (EV of \$1. PV of \$1. EVA of \$1. PVA of S1. EVAD of \$1 and PVAD of \$1) Complete this question by entering your answers in the tabs below. Prepare an amortization schedule for the four:year term of the installment note. Note: Round intermediate calculations and final answers to the nearest whole dollar