On October $1,2025,$ Crane Equipment Company sold a pecan$-$harvesting machine to Valco Brothers Farm, Inc. In lieu of a cash payment Valco Brothers Farm gave Arden a $2-$year, $\backslash (\backslash$$ $150,800,10\backslash \%\backslash )$ note $($a realistic rate of interest for a note of this type$).$ The note required interest to be paid annually on October $1.$ Crane's financial statements are prepared on a calendar$-$year basis. Assuming Valco Brothers Farm fulfills all the terms of the note, prepare the necessary journal entries for Crane Equipment Company for the entire term of the note. $($Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$