On January 2, 20x5, a company sold a large piece of equipment with a list price of $200,000 (held in inventory to a customer) on the following terms: blended annual payments of interest and principal starting December 31, 20x5 and ending on December 31, 20x8. The interest rate charged by the note is 3%. The company's incremental borrowing rate is 4% and the customer who purchased the equipment's incremental borrowing rate is 8%. The bookkeeper was unsure on how to handle this and credited the December 31, 20x5 payment to Revenue. No entry was made to the Note Receivable account. Required Prepare the adjusting journal entries required as at December 31, 20x5