At January 1, 2024, Brant Cargo acquired equipment by issuing a six-year, $150,000 (payable at maturity), 6% note. The market rate of interest for notes of similar risk is 11%. Required: 1. to 3. Prepare the necessary journal entries for Brant Cargo. Note: 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. Use tables, Excel, or a financial calculator. (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) View transaction list Journal entry worksheet 2 3 Record the purchase of equipment. Note: Enter debits before credits. Oate General Journal Debit Credit 4 At January 1, 2024, Brant Cargo acquired equipment by issuing a six-year, $150,000 (payable at interest for notes of similar risk is 11%. Required: 1. to 3. Prepare the necessary journal entries for Brant Cargo. Note: If no entry is required for a transaction/event, select "No journal entry required" in the fi answers to the nearest whole dollar. Use tables, Excel, or a financial calculator. (FV of $1, PV of and PVAD of $1) View transaction list 1 Record the purchase of equipment. 2 Record the interest expense. 3 Record the interest expense. Credit