Braxton Technologies, Inc, constructed a conveyor for A\&G Warehousers that was completed and ready for use on January 1. 2021. AsG poid for the conveyor by issuing a $100,000, four-year note that specified 5% interest to be paid on December 31 of each yeat. and the note is to be repaid at the end of four years. The conveyor was custom-bullt for A\&G, so its cash price was unknown. By comparison with similar transactions it was determined that a reasonable interest rate was 9%. EV of. \$1, PV of \$1, EVA of \$1. PVA of \$1. EVAD. ofSI and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare the journal entry for A\&G's purchase of the conveyor on January 1,2021. 2. Prepare an amortization schedule for the four-year term of the note. 3. Prepare the journal entry for A\&G's third interest payment on December 31, 2023. A.f ABG's note had been an installment note to be paid in four equal payments at the end of each year beginning December 31,2021 , what would be the amount of each installment? 5. By considering the installment payment of requirement 4, prepare an amortization schedule for the four-year term of the installment note. 6. Prepare the joumal entry for A\&G's third installment payment on December 31, 2023. Complete this question by entering your answers in the tabs below. Prepare the joumal entry for ABG's third interest payment on December 31, 2023. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Round intermediate calculations and final answers to the nearest whole dollis.) Prepare the joumal entry for AsG's third interest payment on December 31, 2023. (II no entry is required for a transactionvevent, select No journal entry required" in the first account feld. Round intermediate calculations and final answers to the nearest whole dollar.) Journal entry worksheet Record AsG's third interest payment. Wovet Entier detits beftire creduts