Blossom Inc. operates a retail computer store. To improve its delivery services to customers, the company purchased four new trucks on April 1, 2020. The terms of acquisition for each truck were as follows:

1.		Truck #1 had a list price of $28,000 and was acquired for a cash payment of $23,800.
2.		Truck #2 had a list price of $25,600 and was acquired for a down payment of $1,900 cash and a noninterest-bearing note with a face amount of $23,700. The note is due April 1, 2021. Blossom would normally have to pay interest at a rate of 9% for such a borrowing, and the dealership has an incremental borrowing rate of 8%.
3.		Truck #3 had a list price of $22,600. It was acquired in exchange for a computer system that Blossom carries in inventory. The computer system cost $17,000 and is normally sold by Blossom for $18,700. Blossom uses a perpetual inventory system.
4.		Truck #4 had a list price of $24,800. It was acquired in exchange for 1,000 common shares of Blossom Inc. The common shares trade in an active market valued at $23 per share in the most recent trade.

Prepare the appropriate journal entries for Blossom Inc. for the above transactions, assuming that Blossom prepares financial statements in accordance with IFRS. For Truck #2, calculate the purchase price using any of the three methods (tables, financial calculator, or Excel).