On January 1, 2020 Cars A Us sold a fleet of cars to a car rental company accepting a 2%, 5-year note requiring interest payments at the end of each year. Cars A Us received a $20,000.00 down payment and a note with a face value of $260,000.00 in exchange for the cars. The cars had a cost of $220,000. A reasonable borrowing rate of 10% should be used. Prepare the journal entries to record the sale and 2020 and 2021 year end adjusting entries: