Kohli Inc., an equipment dealer, enters an agreement whereby it sells equipment on November 1, 2019, to Ratnatunga Company for $100.000 and agrees to repurchase this equipment from RatnatungaCompany on January 31, 2020, for a price of $103.020. Assume that an annual interest rate of 12% is imputed from the agreement Required Provide the journal entries Kohli Inc, makes in 2019 and 2020 for this agreement