Kingbird Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2025. The terms of acquisition for each truck are described below. 1. Truck \#1 1 has a list price of $51,150 and is acquired for a cash payment of $47,399. 2. Truck \#2 has a list price of $54,560 and is acquired for a down payment of $6,820 cash and a zero-interest-bearing note with a face arnount of $47,740. The note is due April 1, 2026. Kingbird would normally have to pay interest at a rate of 9% for such a borrowing, and the dealership has a borrowing rate of 8%. 3. Truck \# 3 has a list price of $54,560. It is acquired in exchange for a computer systern that Kingbird carries in inventory. The computer system cost $40,920 and is normally sold by Kingbird for $51,832. Kingbird uses a perpetual inventory 5y5 tem. 4. Truck \#4 has a list price of $13,040. It is acquired in exchange for $20 shares of common stock in Kingbird Corporation. The stock has a par value per share of $10 and a market price of $13 per share. Prepare the appropriate journal entries for the above transactions for Kingbird Corporation. (Round present value factors to 5 decima) places, eg 0.52587 and final answers to 2 decimal places, e. 52.75. Credit account titles are automatically indented when amount is entered Do not indent manually. If no entry is required, select "No Entry" for the account tittes and enter of for the amounts. List all debit entries before credit entries