On February 1, 2022 we purchase an automobile, we purchase an automobile having a total cost of $23,290. A down payment of having a total cost of $23,290. A down payment of $2,000 is given and a note is signed for the balance.$2,000 is given and a note is signed for the balance. The note calls for monthly payments of $500 for the note calls for monthly payments of $500 for the next 4 years. The payments include interest the next 4 years. The payments include interest at 6%.6%. Record the journal entry required at February 1, Record the journal entry required at February 1, 2022

Record the entry at March 1, 2022 after the firstafter the first payment is made on the car loan.payment is made on the car loan.