On December 31, 2020, Comp. acquired a computer from Corpc by issuing a $576,000 zero-interest- bearing note, payable in full on December 31, 2024.E Comp is credit rating permits it to borrow funds from its several lines of credit at 12%. The computer is expected to have a 5-year life and a $77,000 salvage value. Prepare the journal entry for the purchase on December 31, 2020. Account Titles and Explanation Debit Credit Date December 31, 2020 Prepare any necessary adjusting entries relative to depreciation (use straight-line) and amortization (use effective-interest method) on December 31, 2021. Date Account Titles and Explanation Debit Credit December 31, 2021 (To record the depreciation.) December 31, 2021 (To amortize the discount.) Note Discount Amortization Debit, Interest Expense Credit, Carrying Amount Discount on Notes Payable of Note $ $ Date 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 Prepare any necessary adjusting entries relative to depreciation and amortization on December 31, 2022 Account Titles and Explanation Debit Credit Date December 31, 2022 (To record the depreciation.) December 31, 2022 (To amortize the discount)