At the beginning of the year, Lambert Motors issued the three notes described below. Interest is paid at year-end. (EV of $1. PV of $1. FVA of $1, PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) A. The company issued a two-year, 12%, $620,000 note in exchange for a tract of land. The current market rate of interest is 12%. note. The stated interest on the note is 6% equal installments of $1 million per year beginning one year hence. The current market rate of interest is B. Lambert acquired some office equipment with a fair value of $104,107 by issuing a one year,110,000 C. The company purchased a building by issuing a three-year installment note. The note is to be repaid in 9%, Required Prepare the journal entries to record each of the three transactions and the interest expense at the end of the first year for each. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in whole dollars.)