On January 1, 2025, Ivanhoe Conpary maks the two following acquistions. 1. Purchases land having a fair value of 5160,000 00 by issuing a 5 -year, zero interest-bearing promscry note in the face amount of 5257.68160 annulihy The company has to pary 10 s interest for funds from is bank. Ciac here to veve ficter tables (a) Record the two journal entries that should be recorded by kanhoe Company for the two purchases on Jamary 1, 2025 (i) Fecord the interest at the end of the fint year on both notes using the effective interest method