I dont feel the question is super clear, but for part B it seems like its asking what Kozey inc pays after the first year so i did 6% of 45,000. is that correct?

On 1/1/2018, Kozey Incorporated purchases equipment, promising to pay $45,000 on 12/31/2021. The seller is financing the purchase. If Kozey Incorporated pursued a loan instead to purchase the equipment, the interest rate charged on the loan would be 6% annually. PART A What journal entry will Kozey Incorporated record on 1/1/2018 when the equipment is purchased? Round to the nearest dollar if necessary. No Journal Entry Required What journal entry will Kozey Incorporated record on 12/31/2018 related to this equipment purchase? Round lo the nearest dollar if necessary. No Journal Entry Required