i keep putting it as a Notes Payable and it not accepting, i also tried interest payable and it was wrong

View Policies Show Attempt History Current Attempt in Progress At January 1, 2022, Sandhill Co.reported the following property, plant, and equipment accounts: Accumulated depreciation-buildings $60,500,000 Accumulated depreciation-equipment 53,650,000 Buildings 97,300,000 Equipment 150,300,000 Land 23,500,000 The company uses straight-line depreciation for buildings and equipment, its year-end is December 31, and it makes adjusting entries annually. The buildings are estimated to have a 40-year useful life and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. During 2022, the following selected transactions occurred: Apr. 1 Purchased land for $4.70 million. Paid $1.175 million cash and issued a 3-year, 69 note payable for the balance. Interest on the note is payable annually each April 1. May 1 Sold equipment for $210,000 cash. The equipment cost $3,48 million when originally purchased on January 1, 2014. June 1 Sold land for $4.32 million. Received $900,000 cash and accepted a 3-year, 5% note for the balance. The land cost $1.80 million when purchased on June 1, 2016. Interest on the note is due annually each June 1. July 1 Purchased equipment for $2.00 million cash. Dec. 31 Retired equipment that cost $1 million when purchased on December 31, 2012. No proceeds were received. (a) Your answer is partially correct. Journalize the above transactions. (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 for the amounts.) Date Account Titles and Explanation Debit Credit April 1 Land 4700000 3525000 Cash 1175000 May 1 Depreciation Expense 116000 Accumulated Depreciation-Equipment 116000 (To record depreciation expense) 210000 May 1 Cash 2900000 Accumulated Depreciation-Equipment 370000