Facts: During January and February 2015, Stackhouse, Connelly, and Teagarden Enterprises (SCT Enterprises) participated in the following transactions: Inventory on hand includes 500 widgets at a cost of $10 each (no journal entry is necessary, but you should make a note that these are the items that comprise the beginning inventory balance). Jan 1 Purchased two new delivery trucks for $75,000 by signing a five-year note payable. The note carries a 5% interest rate and is due in equal monthly installments of principal and interest Payments are due on the 2nd of each month. Note: you need to determine the amount of each monthly payment. 2 3 7 11 13 14 19 20 26 1 2 8 11 14 Paid employees $15,000 for wages earned in December. Purchased 11,000 widgets at a cost of $11 each on account. Paid various utility bills of $1,800 for the month of January. Sold 3,000 widgets on account for $60,000. Paid employees $15,000 wages for the first half of the month. Paid $75,000 to suppliers for previous inventory purchases. Delivered 300 widgets to the customer who prepaid in December. Collected $90,000 on account from customers. Paid employees $15,000 for wages due from lanuany. Made required payment on truck notes. Purchased 20,000 widgets at a cost of $9 each on account. Paid various utility bills of $2,100 for the month of February. Sold 5,000 widgets to a customer for cash of $100,000. Feb