On January 1, 20X3, Startup Company bought a new machine. The company signed a note agreeing to pay $100,000 on December 31, 20X6. The market interest rate for this note is 7%. Prepare the January 1, 20X3 journal entry to record the purchase of the new machine. (Time Value of Money Tables: PV of $1: PVA of S1) DR Machine $131,080 CR Note Payable $131,080 DR Machine $76,290 DR Cash $23,710 CR Note Payable $100,000 DR Machine $100,000 CR Note Payable $100,000 DR Machine $131.080 CR Gain on Machine Purchase $31080 CR Note Payable $100,000 DR Machine $76,290 CR Note Payable $76,290 DR Machine $81630 CR Note Payable $81,630 DR Machine $338,721 CR Note Payable $338,721