On January 1. Skysong. Inc sold used equipment with a cost of \$1.5,200 and a carnying amount of $2.560 to Grouper Corp in exchange for a $5,050 three year nom-interest-bearing nate receivable. Although no interest was specified, the market rate for a loan of that risk woul d be 8% and assume that Sikysong follows ASPE. chlokhar to tew the factor table PRESENT VALUEOF 1. click bere to yew ticf factor table PRESENT VALUE OF AN ANNUITY OF 1 Prepare the entry to record the sale of Sikysong's equipment and recelpt of the note. (Round answers to 0 declimal places, eg. 125 . Credit account titles are cutomaticolly indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.) Prepare the entries to record the recoznition of interest exch year if Skysong uses the stralght-line method, (Round ontwers fo 0 decimal places, es 125. Credit occount bites are dutomaticolly indented when amount is enternd. Do not indent monualk. If no entry is required, select "No Entry" for the occount tities ond enter Of for the amounts.) eTextbookand Media Prepare the entry to record the collection ot the note at maturity for 5kvsong. FCredit occount tities are autamaticaly indented when anount is entered. De not indent manuelly if no entry is repulred, select "No Entry" for the account tities and enter Ofor the anouats