On December 31, 2022, Sheridan plc acquired a computer from Plato Group by issuing a 650,000 zero-interest-bearing note, payable in full on December 31, 2026. Sheridan's 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 76,000 residual value. (a) Prepare the journal entry for the purchase on December 31, 2022. (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.) Date Account Titles and Explanation December 31, 2022 Equipment Notes Payable Debit Credit