I don't understand please help, these are the factor tables given

Cullumber Engineering Corporation purchased conveyor equipment with a list price of $46,200. Three independent cases that are related to the equipment follow. Assume that the equipment purchases are recorded gross.

1.		Geddes paid cash for the equipment 25 days after the purchase, along with 5% GST (recoverable) and provincial sales tax of $3,234, both based on the purchase price. The vendors credit terms were 3/10, n/30.
2.		Geddes traded in equipment with a book value of $2,400 (initial cost $41,400) and paid $42,000 in cash one month after the purchase. The old equipment could have been sold for $2,700 at the date of trade but was accepted for a trade-in allowance of $4,200 on the new equipment.
3.		Geddes gave the vendor a $10,400 cash down payment and a 10% note payable with blended principal and interest payments of $17,900 each, due at the end of each of the next three years.

Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) Prepare the general journal entries to record the acquisition and the subsequent payment, including any notes payable, in each of the three independent cases above. For item 3, use a table, financial calculator, or Excel. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275.)

Question 2 Cullumber Engineering Corporation purchased conveyor equipment with a list price of $46,200. Three independent cases that are related to the equipment follow. Assume that the equipment purchases are recorded gross. 1. Geddes paid cash for the equipment 25 days after the purchase, along with 5% GST (recoverable) and provincial sales tax of $3,234, both based on the purchase price. The vendor's credit terms were 3/10, n/30. 2. Geddes traded in equipment with a book value of $2,400 (initial cost $41,400) and paid $42,000 in cash one month after the purchase. The old equipment could have been sold for $2,700 at the date of trade but was accepted for a trade-in allowance of $4,200 on the new equipment. 3. Geddes gave the vendor a $10,400 cash down payment and a 10% note payable with blended principal and interest payments of $17,900 each, due at the end of each of the next three years. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) Prepare the general journal entries to record the acquisition and the subsequent payment, including any notes payable, in each of the three independent cases above. For item 3, use a table, financial calculator, or Excel. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g. 5,275.) Account Titles and Explanation Debit Credit Accounts Payable 46200 Cash 44814 1386 Equipment (To record purchase of equipment on credit.) Equipment Accumulated Depreciation Equipment Cash (To record payment to the vendor.) 2. (To record exchange of equipment.) (To record payment to the vendor.) (To record purchase of equipment on credit.) First Payment on Note (To record payment to the vendor.) Second Payment on Note (To record payment to the vendor.) TABLE PV.2 Present Value of an Annuity of 1 PV = 1- to (n) Periods 7% 8% 9% 10% 11% 12% 15% 1 3 2% 0.98039 1.94156 2.88388 3.80773 4.71346 5.60143 .47199 7.32548 8.16224 8.98259 22% 3% 4% 5% 6% 0.97561 0.97087 0.96154 0.95238 0.94340 1.92742 1.91347 1.88609 1.85941 1.83339 2.85602 2.82861 2.775092.72325 2.67301 3.76197 3.71710 3.62990 3.54595 3.46511 4.64583 4.57971 4.45182 4.32948 4.21236 5.50813 5.41719 5.24214 5.07569 4.91732 6.349396.23028 6.00205 5.78637 5.58238 7.170147.019696.73274 6.463216.20979 7.970877.78611 7.43533 7.10782 6.80169 8.75206 8.53020 8.11090 7.721737.36009 0.93458 1.80802 2.62432 3.38721 4.10020 4.76654 5.38929 5.97130 6.51523 7.02358 0.92593 1.78326 2.57710 3.31213 3.99271 4.62288 5.20637 5.74664 6.24689 6.71008 0.91743 1.75911 2.53130 3.23972 3.88965 4.48592 5.03295 5.53482 5.99525 6.41766 0.90909 1.73554 2.48685 3.16986 3.79079 4.35526 4.86842 5.33493 5.75902 6.14457 0.90090 1.71252 2.44371 3.10245 3.69590 4.23054 4.71220 5.14612 5.53705 5.88923 0.89286 1.69005 2.40183 3.03735 3.60478 4.11141 4.56376 4.96764 5.32825 5.65022 0.86957 1.62571 2.28323 2.85498 3.35216 3.78448 4.16042 4.48732 4.77158 5.01877 7 6 8 11 13 14 15 9.78685 10.57534 11.34837 12.10625 12.84926 13.57771 14.29187 14.99203 15.67846 1 6.35143 9.51421 10.25776 10.98319 11.69091 12.38138 13.05500 13.71220 14.35336 14.97889 15.58916 9.25262 9.95400 10,63496 11.29607 11.93794 12.56110 13.16612 13.75351 14.32380 14.87747 8.76048 9.38507 9.98565 10.56312 11.11839 11.65230 12.16567 12.65930 13.13394 13.59033 8.30641 7.886877.49867 7.13896 8.863258.38384 7.94269 7.53608 9.39357 8.85268 8.35765 7.90378 9.89864 9.294988.74547 8.24424 10.37966 9.71225 9.10791 8.55948 10.83777 10.10590 9.44665 8.85137 11.27407 10.47726 9.76322 9.12164 11.68959 10.82760 10.059099.37189 12.08532 11.15812 10.33560 9.60360 12.46221 11.46992 10.59401 9.81815 6.80519 7.16073 7.48690 7.78615 8.06069 8.31256 8.54363 8.75563 8.95012 9.12856 6.49506 6.81369 7.10336 7.36669 7.60608 7.82371 8.02155 8.20141 8.36492 8.51356 6.20652 5.93770 6.49236 6.19437 6.74987 6.42355 6.98187 6.62817 7.19087 6.81086 7.37916 6.97399 7.54879 7.11963 7.701627.24967 7.839297.36578 7.96333 7.46944 5.23371 5.42062 5.58315 5.72448 5.84737 5.95424 6.04716 6.12797 6.19823 6.25933 17 18 20 TABLE PV.1 Present Value of 1 (1) periods 2% 24% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% - 0.98039 0.97561 0.97087 0.96156 0.95238 0.94340 0.93458 0.92593 0.91743 0.909090.90090 0.89286 0.86957 + n 0.96117 0.94232 0.92385 0.90583 0.95181 0.94260 0.92860 0.91514 0.90595 0.88849 0.88385 0.86261 0.92456 0.88900 0.85480 0.82193 0.90703 0.86384 0.82270 0.78353 0.89000 0.83962 0.79209 0.74726 0.87344 0.81630 0.76290 0.71299 0.85734 0.84168 0.82645 0.81162 0.79383 0.77218 0.75132 0.73119 0.73503 0.70843 0.68301 0.65873 0.68058 0.64993 0.62092 0.59345 0.79719 0.75614 0.71178 0.65752 0.63552 0.57175 0.56743 0.49718 a 0.88797 0.86230 0.87056 0.84127 0.853490.82075 0.83676 0.80073 0.82035 0.78120 0.83748 0.81309 0.78941 0.76642 0.74409 0.79031 0.74622 0.75992 0.71068 0.73069 0.67684 0.70259 0.64461 0.67556 0.61391 0.70496 0.66506 0.62741 0.59190 0.55839 0.66634 0.62275 0.58201 0.54393 0.50835 0.63017 0.58349 0.54027 0.50025 0.46319 0.59627 0.54703 0.50187 0.46043 0.42241 0.56447 0.51316 0.46651 0.42410 0.38554 0.53464 0.48166 0.43393 0.39092 0.35218 0.50663 0.45235 0.40388 0.36061 0.32197 0.43233 0.37594 0.32690 0.28426 0.24719 . || 0.80426 0.76214 0.78849 0.74356 0.77303 0.72542 0.75788 0.70773 0.74301 0.69047 0.72845 0.67362 0.71416 0.65720 0.70016 0.64117 0.68643 0.62553 0.67297 0.61027 0.72242 0.64958 0.58468 0.70138 0.62460 0.55684 0.68095 0.60057 0.53032 0.66112 0.57748 0.50507 0.64186 0.55526 0.48102 0.62317 0.53391 0.45811 0.60502 0.51337 0.43630 0.587390.49363 0.41552 0.57029 0.47464 0.39573 0.55368 0.45639 0.37689 0.52679 0.47509 0.42888 0.38753 0.49697 0.44401 0.39711 0.35554 0.46884 0.41496 0.36770 0.32618 0.44230 0.38782 0.34046 0.29925 0.41727 0.36245 0.31524 0.27454 0.39365 0.33873 0.29189 0.25187 0.37136 0.31657 0.27027 0.23107 0.35034 0.29586 0.25025 0.21199 0.33051 0.27651 0.23171 0.19449 0.31180 0.25842 0.21455 0.17843 0.35049 0.31728 0.28748 0.31863 0.28584 0.25668 0.28966 0.25751 0.22917 0.26333 0.23199 0.20462 0.23939 0.20900 0.18270 0.21763 0.188290.16312 0.19785 0.16963 0.14564 0.17986 0.15282 0.13004 0.16351 0.13768 0.11611 0.14864 0.12403 0.10367 0.21494 0.18691 0.16253 0.14133 0.12289 0.10687 0.09293 0.08081 0.07027 0.06110 20 Question 2 Cullumber Engineering Corporation purchased conveyor equipment with a list price of $46,200. Three independent cases that are related to the equipment follow. Assume that the equipment purchases are recorded gross. 1. Geddes paid cash for the equipment 25 days after the purchase, along with 5% GST (recoverable) and provincial sales tax of $3,234, both based on the purchase price. The vendor's credit terms were 3/10, n/30. 2. Geddes traded in equipment with a book value of $2,400 (initial cost $41,400) and paid $42,000 in cash one month after the purchase. The old equipment could have been sold for $2,700 at the date of trade but was accepted for a trade-in allowance of $4,200 on the new equipment. 3. Geddes gave the vendor a $10,400 cash down payment and a 10% note payable with blended principal and interest payments of $17,900 each, due at the end of each of the next three years. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) Prepare the general journal entries to record the acquisition and the subsequent payment, including any notes payable, in each of the three independent cases above. For item 3, use a table, financial calculator, or Excel. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g. 5,275.) Account Titles and Explanation Debit Credit Accounts Payable 46200 Cash 44814 1386 Equipment (To record purchase of equipment on credit.) Equipment Accumulated Depreciation Equipment Cash (To record payment to the vendor.) 2. (To record exchange of equipment.) (To record payment to the vendor.) (To record purchase of equipment on credit.) First Payment on Note (To record payment to the vendor.) Second Payment on Note (To record payment to the vendor.) TABLE PV.2 Present Value of an Annuity of 1 PV = 1- to (n) Periods 7% 8% 9% 10% 11% 12% 15% 1 3 2% 0.98039 1.94156 2.88388 3.80773 4.71346 5.60143 .47199 7.32548 8.16224 8.98259 22% 3% 4% 5% 6% 0.97561 0.97087 0.96154 0.95238 0.94340 1.92742 1.91347 1.88609 1.85941 1.83339 2.85602 2.82861 2.775092.72325 2.67301 3.76197 3.71710 3.62990 3.54595 3.46511 4.64583 4.57971 4.45182 4.32948 4.21236 5.50813 5.41719 5.24214 5.07569 4.91732 6.349396.23028 6.00205 5.78637 5.58238 7.170147.019696.73274 6.463216.20979 7.970877.78611 7.43533 7.10782 6.80169 8.75206 8.53020 8.11090 7.721737.36009 0.93458 1.80802 2.62432 3.38721 4.10020 4.76654 5.38929 5.97130 6.51523 7.02358 0.92593 1.78326 2.57710 3.31213 3.99271 4.62288 5.20637 5.74664 6.24689 6.71008 0.91743 1.75911 2.53130 3.23972 3.88965 4.48592 5.03295 5.53482 5.99525 6.41766 0.90909 1.73554 2.48685 3.16986 3.79079 4.35526 4.86842 5.33493 5.75902 6.14457 0.90090 1.71252 2.44371 3.10245 3.69590 4.23054 4.71220 5.14612 5.53705 5.88923 0.89286 1.69005 2.40183 3.03735 3.60478 4.11141 4.56376 4.96764 5.32825 5.65022 0.86957 1.62571 2.28323 2.85498 3.35216 3.78448 4.16042 4.48732 4.77158 5.01877 7 6 8 11 13 14 15 9.78685 10.57534 11.34837 12.10625 12.84926 13.57771 14.29187 14.99203 15.67846 1 6.35143 9.51421 10.25776 10.98319 11.69091 12.38138 13.05500 13.71220 14.35336 14.97889 15.58916 9.25262 9.95400 10,63496 11.29607 11.93794 12.56110 13.16612 13.75351 14.32380 14.87747 8.76048 9.38507 9.98565 10.56312 11.11839 11.65230 12.16567 12.65930 13.13394 13.59033 8.30641 7.886877.49867 7.13896 8.863258.38384 7.94269 7.53608 9.39357 8.85268 8.35765 7.90378 9.89864 9.294988.74547 8.24424 10.37966 9.71225 9.10791 8.55948 10.83777 10.10590 9.44665 8.85137 11.27407 10.47726 9.76322 9.12164 11.68959 10.82760 10.059099.37189 12.08532 11.15812 10.33560 9.60360 12.46221 11.46992 10.59401 9.81815 6.80519 7.16073 7.48690 7.78615 8.06069 8.31256 8.54363 8.75563 8.95012 9.12856 6.49506 6.81369 7.10336 7.36669 7.60608 7.82371 8.02155 8.20141 8.36492 8.51356 6.20652 5.93770 6.49236 6.19437 6.74987 6.42355 6.98187 6.62817 7.19087 6.81086 7.37916 6.97399 7.54879 7.11963 7.701627.24967 7.839297.36578 7.96333 7.46944 5.23371 5.42062 5.58315 5.72448 5.84737 5.95424 6.04716 6.12797 6.19823 6.25933 17 18 20 TABLE PV.1 Present Value of 1 (1) periods 2% 24% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% - 0.98039 0.97561 0.97087 0.96156 0.95238 0.94340 0.93458 0.92593 0.91743 0.909090.90090 0.89286 0.86957 + n 0.96117 0.94232 0.92385 0.90583 0.95181 0.94260 0.92860 0.91514 0.90595 0.88849 0.88385 0.86261 0.92456 0.88900 0.85480 0.82193 0.90703 0.86384 0.82270 0.78353 0.89000 0.83962 0.79209 0.74726 0.87344 0.81630 0.76290 0.71299 0.85734 0.84168 0.82645 0.81162 0.79383 0.77218 0.75132 0.73119 0.73503 0.70843 0.68301 0.65873 0.68058 0.64993 0.62092 0.59345 0.79719 0.75614 0.71178 0.65752 0.63552 0.57175 0.56743 0.49718 a 0.88797 0.86230 0.87056 0.84127 0.853490.82075 0.83676 0.80073 0.82035 0.78120 0.83748 0.81309 0.78941 0.76642 0.74409 0.79031 0.74622 0.75992 0.71068 0.73069 0.67684 0.70259 0.64461 0.67556 0.61391 0.70496 0.66506 0.62741 0.59190 0.55839 0.66634 0.62275 0.58201 0.54393 0.50835 0.63017 0.58349 0.54027 0.50025 0.46319 0.59627 0.54703 0.50187 0.46043 0.42241 0.56447 0.51316 0.46651 0.42410 0.38554 0.53464 0.48166 0.43393 0.39092 0.35218 0.50663 0.45235 0.40388 0.36061 0.32197 0.43233 0.37594 0.32690 0.28426 0.24719 . || 0.80426 0.76214 0.78849 0.74356 0.77303 0.72542 0.75788 0.70773 0.74301 0.69047 0.72845 0.67362 0.71416 0.65720 0.70016 0.64117 0.68643 0.62553 0.67297 0.61027 0.72242 0.64958 0.58468 0.70138 0.62460 0.55684 0.68095 0.60057 0.53032 0.66112 0.57748 0.50507 0.64186 0.55526 0.48102 0.62317 0.53391 0.45811 0.60502 0.51337 0.43630 0.587390.49363 0.41552 0.57029 0.47464 0.39573 0.55368 0.45639 0.37689 0.52679 0.47509 0.42888 0.38753 0.49697 0.44401 0.39711 0.35554 0.46884 0.41496 0.36770 0.32618 0.44230 0.38782 0.34046 0.29925 0.41727 0.36245 0.31524 0.27454 0.39365 0.33873 0.29189 0.25187 0.37136 0.31657 0.27027 0.23107 0.35034 0.29586 0.25025 0.21199 0.33051 0.27651 0.23171 0.19449 0.31180 0.25842 0.21455 0.17843 0.35049 0.31728 0.28748 0.31863 0.28584 0.25668 0.28966 0.25751 0.22917 0.26333 0.23199 0.20462 0.23939 0.20900 0.18270 0.21763 0.188290.16312 0.19785 0.16963 0.14564 0.17986 0.15282 0.13004 0.16351 0.13768 0.11611 0.14864 0.12403 0.10367 0.21494 0.18691 0.16253 0.14133 0.12289 0.10687 0.09293 0.08081 0.07027 0.06110 20