Blossom Cosmetics Co. purchased machinery on December 31, 2019, paying $45,800 down and agreeing to pay the balance in four equal installments of $54,400 payable each December 31. An assumed interest of 10% is implicit in the purchase price. Prepare the journal entries that would be recorded for the purchase and for (1) the payments and (2) interest on the following dates. (Round answers to O decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) December 31, 2019. (b) December 31, 2020. (c) December 31, 2021. (d) December 31, 2022. (e) December 31, 2023. No. Account Titles and Explanation Debit Credit (a) Machinery Discount on Notes Payable: Cash Notes Payable (b) (1) Notes Payable Cash (b) (2) Interest Expense Discount on Notes Payable 54,400 54,400