On December 31,2025 , Coronado Company acquired a computer from Plato Corporation by issuing a $608,000.00 zero-interestbearing note, payable in full on December 31, 2029. 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 $67,000 salvage value. (a) Your answer is correct. Prepare the journal entry for the purchase on December 31, 2025. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to 2 decimal places, eg. 58,971.23. 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 the amount is entered. Do not indent manually. List all debit entries before credit entries.) \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Schedule of Note Discount Amortization } \\ \hline Date & \begin{tabular}{r} Debit Interest \\ on \end{tabular} & \begin{tabular}{c} Carrying Value \\ of Note \end{tabular} \\ \hline 12/31/25 & $ & \\ \hline 12/31/26 & & \\ \hline 12/31/27 & & \\ \hline 12/31/28 & & \\ \hline 12/31/29 & & \\ \hline \end{tabular} Prepare any necessary adjusting entries relative to depreciation (use straight-line) and amortization (use effective-interest method) on December 31, 2026. (Round answers to 2 decimal places, e.g. 38,548.23. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) On December 31,2025 , Coronado Company acquired a computer from Plato Corporation by issuing a $608,000.00 zero-interestbearing note, payable in full on December 31, 2029. 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 $67,000 salvage value. (a) Your answer is correct. Prepare the journal entry for the purchase on December 31, 2025. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to 2 decimal places, eg. 58,971.23. 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 the amount is entered. Do not indent manually. List all debit entries before credit entries.) \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Schedule of Note Discount Amortization } \\ \hline Date & \begin{tabular}{r} Debit Interest \\ on \end{tabular} & \begin{tabular}{c} Carrying Value \\ of Note \end{tabular} \\ \hline 12/31/25 & $ & \\ \hline 12/31/26 & & \\ \hline 12/31/27 & & \\ \hline 12/31/28 & & \\ \hline 12/31/29 & & \\ \hline \end{tabular} Prepare any necessary adjusting entries relative to depreciation (use straight-line) and amortization (use effective-interest method) on December 31, 2026. (Round answers to 2 decimal places, e.g. 38,548.23. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)