Exercise 10-3 Whispering Corpora ation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2017. The terms of acquisition for each truck are described below 1. Truck #1 has a list price of $45,750 and is acquired for a cash payment of $42,395. is acquired for a down payment of $6,100 cash and a zero-interest-bearing note with a face amount of $42,700. The note is due April 2018 whispering would normally have to pay interest at a rate of 9% for such a borr rowing, and the dealership has an incremental borrowing rate of 8%. k #3 has a lists e ora computer system that whispering carries in invent y The co oe for 900 shares of common stock in Whispering Corporation, The stock has a par value per share of 3. b whispering u ac are e excha The computer system cost $36,600 and is normally sold te system cost ce and mali by Whispering for $46,360. Whispering uses a perpetual inventory system. 4. Truck #4 hasa list price of $42,700. It is acquired in exchange shares price of $13 per share. Prepare the appropriate journal entries for the above transactions for Whispering Corporation. (Round present value factors to s answers to o decimal places, e.g. 5,275. Credit account titles are automatically indented when anmount is select "No Entry" for the account titles and enter 0 for the amounts.) decimal places, e.g. 0.52587 and final entered. Do not indent manually. If no entry is No. Account Titles and Explanation Debit Credit