I feel like I'm over analyzing this question so I can't quite figure it out. Please help.

calate he amese (L2) E14-8 (Pmvhase of Land with Instalment Note) Destro her l mq." red vold of 0%) in erchange for land that it purchased from Safayern Ltd. Safave ni's real 20 I on the market for S120,000. The note calls for three equal blended payments of S43,A56 hat are to l made at December 31, 2017, 2018, and 2019 (a) Discuss how the purchase price of the land will be established. Using time value of money tables, a financial calculator, and computer spreadsheet functions, prove that the note will ost Desrocher Ltd. 9% interest over the note's full term. (Hint: Refer to Appendix 3B for tips on calculating.) (c) Prepare an effective-interest amortization table for the instalment note for the three-year period. (d) Prepare Desrochers journal entry for the purchase of the land (e) Prepare Desrocher's journal entry for the first instalment payment on the note on December 31, 2017 From Safayeni Ltd 's perspective, what are the advantages of an instalment note compared with a regular interest- FINANCE bearing note? (LO 2) E14-9 Purchase of Equipment with Non-Interest-Bearing Debt) Buon Appetito Limited has been experiencing increased customer demand for its specialty food products. In order to meet this demand, the company has bought additional refrigeration units to hold more inventory. To finance this purchase, Buon Appetito issued a four-year non- interest-bearing note, with a face value of $400,000. The prevailing interest rate for similar instruments is 10%The company agreed to repay the note in four equal instalments. Buon Appetito used the effective interest method to amor- tize any premium or discount. Instructions (Round to the nearest dollar in all calculations.) (a) Using time value of money tables, a financial calculator, and computer spreadsheet functions, prepare the journal entry(ies) at the date of purchase. (Hint: Refer to Appendix 3B for tips on calculating.) LOUNTING b) Prepare the journal entryies) at the end of the first year to record the payment and int (o) Prepare the journal entry Cies) at the end of the second year to record the payment and 898 Long-Term Financial Labilities rest. CHAPTER I4 Corporation bought a ebtecember 31, 2020. An of 10% is implicit in the purchase price. Collins uses the effective interest method and Collins 4. Berg LO 2) E14-10 (Purchase of Computer with Non-Interest-Bearing Debt) Collins C ecember ecember 31, 2017, paying $30,000 down with a further $75,000 payment due on Dece ins prepares financial statements in accordance with ASPE I to two decimal places,) (Hint: Refer to Appendix 3Bot prepre uired at December 31, 2018, 2019, and 2020 ancial calculator, and computer spreadsheet function Instr (a) Using time value of money tables, a fin r tips on date. ( Round to two deci entry(ies) at the purchase (b) Prepare any journal entry(ies) req e a different method of amortizing any premium or discount on its notes