On October 1, 2025, Vaughn 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, $176,000,8% note (a realistic rate of interest for a note of this type). The note required interest to be paid annually on October 1 . Vaughn's financial statements are prepared on a calendar-year basis Assuming Valco Brothers Farm fulfills ail the terms of the note, prepare the necessary journal entries for Vaughn 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 omount is entered. Do not indent manually. List all debit entries before credit entries:) On October 1, 2025. Vaughn 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, $176,000,8% note (a realistic rate of interest for a note of this type). The note * required interest to be paid annually on October 1 . Vaughn'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 Vaughn Equipment Company for the entire term of the note. (Recond journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account bitles and enter Ofor the amounts. Credit occount titles are outomatically indented when the anount is entered. Do not indent manually. List all debit entries before credit entries)