At January 1, 2021, Brant Cargo acquired equipment by issuing a six-year, $200,000 (payable at maturity), 4% note. The market rate of interest for notes of similar risk is 12%. (EV of $1. PV of $1. FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. to 3. Prepare the necessary journal entries for Brant Cargo. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to the nearest whole dollar)