On January 1, 2018 Fastco inc. sold parts to a customer at a total price of $420,000. Fastco inc. received $100,000 cash and a three year non-interest bearing note for the balance. Interest is payable on December 31 every year, the company's year end. The market rate for this note is 3%. The customer paid the note in full on its maturity date. Give all the entries related to the notes receivable for the first two (2) years only.Fastco inc. is a public company and they use the gross method to account for notes receivable