marisk Corp. sells idle machinery to Enyart Company on July 1, 2017, for $45,000. Tamarisk agrees to repurchase this equipment from Enyart on June 30, 2018, for a price of $48,150 (an imputed interest rate of 7%). Prepare the journal entry for Tamarisk for the transfer of the asset to Enyart on July 1, 2017. (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 0 for the amounts.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare any other necessary journal entries for Tamarisk in 2017. (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 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal entry for Tamarisk when the machinery is repurchased on June 30, 2018. (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 0 for the amounts.) Date Account Titles and Explanation Debit Credit Jun. 30, 2018 (To record interest) (To record payment)