Item14 Item Skipped Item 14 On September 1, 2024, Company A borrows $409,000 cash. The loan is made by Company B, under the agreement that Company A will repay the principal with four payments of $102,250. Payments are due by October 1 each year, with the first payment being due October 1, 2025 (next year). Interest on the borrowing is 6%, and Company As year-end is December 31. Required: 1. to 3. Record the necessary entries in the