Crane Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2025. The terms of acquisition for each truck are described below. 1. Truck #1 has a list price of $15,150 and is acquired for a cash payment of $14,039. 2. Truck $2 has a list price of $16,160 and is acquired for a down payment of $2,025 cash and a zero-interest-bearing note with a face amount of $14,140. The note is due April 1,2026. Crane would normally have to pay interest at a rate of 9% for such a borrowing and the dealership has a borrowing rate of 8%. 3. Truck \#3 has a list price of $16,160. It is acquired in exchange for a computer system that Crane carries in inventory. The computer system cost $12,120 and is normally sold by Crane for $15,352. Crane uses a perpetual inventory system. 4. Truck #4 has a list price of $13,140. It is acquired in exchange for 930 shares of common stock in Crane Corporation. The stock has a par value per share of $10 and a market price of $13 per share. Prepare the appropriate journal entries for the above transactions for Crane Corporation. (Round present value foctors to 5 decimal places, es. 0.52587 and final answers to 2 decimal places, es. 52.75. Credit account titles are outomatically indented when amount is entered. Do not indent manually, If no entry is required, select "No Entry" for the account tities and enter o for the amounts. List all debit entries before creditentries) No. Account Titles and Explanation 1. Trucks Cash Cash 2. Trucks Discount on Notes Payable Cash Notes Payable 3. Trucks Cost of Goods Sold Irventory Sales Revenue Debit Credit 14039 14039 \begin{tabular}{|r|} \hline \\ \hline \\ \hline \\ \hline 2025 \\ \hline 14140 \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 15352 \\ \hline \end{tabular} 12120 \begin{tabular}{|l|} \hline 12120 \\ \hline \end{tabular} 15352 Cost of Goods Sold Irventory Sales Revenue 4. Trucks Common Stock Pald in Capital in Excess of Par Common Stock 12210 9300