On December 31, 2020, Coronado Company acquired a computer from Plato Corporation by issuing a $569,000 zero-interest-bearing note, payable in full on December 31, 2024. Coronado Company's credit rating permits it to borrow funds from its several lines of credit at 10%. The computer is expected to have a 5-year life and a $65,000 salvage value. Prepare the journal entry for the purchase on December 31, 2020. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to o decimal places e.g. 58,971. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation December 31, 2020 Equipment 38.8633 Discount on Notes Payable Notes Payable 569000 Prepare any necessary adjusting entries relative to depreciation (use straight-line) and amortization (use effective-interest method) on December 31, 2021. (Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) C Date Account Titles and Explanation December 31, 2021 Depreciation Expense Accumulated Depreciation (To record the depreciation) December 31, 2021 Interest Expense Discount on Notes Payable (Teorie the discount) Date Schedule of Note Discount Amortization Debit, Interest Expense Credit Carrying Amount Discount on Notes Payable of Note 12/31/20 388633 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. (Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit C Date Account Titles and Explanation December 31, 2022 Depreciation Expense Accumulated Depreciation (To record the depreciation) December 31, 2022 Interest Expense Discount on Notes Payable (To amortize the discount)