On January 1, 2020 Cars L 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 L Us received a $25,500.00 down payment and a note with a face value of $331,500.00 in exchange for the cars. The cars had a cost of $280,500. 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