On September 30, 2021, Olympe Maxime acquired a flying carriage, agreeing to pay $1,200,000 immediately and then another $1,200,000 on September 30, 2023. An interest rate of 8% reflects the time value of money for this type of loan agreement. (PV of $1, PVA of $1) (You can use Excel, your financial calculator or the provided tables.) 1. For what amount should Olympe Maxime record the carriage on September 30, 2021? 2. Prepare the journal entry to record the acquisition of the carriage on September 30, 2021. Amount Journal Entry Requirement For what amount should Olympe Maxime record the acquisition of the carriage on September 30, 2021? Recorded amount of carriage Amount Journal Entry Amount Journal Entry Requirement Prepare the journal entry to record the acquisition on September 30, 2021. View transaction list Journal entry worksheet Record the purchase of the carriage on September 30, 2021. Note: Enter debits before credits. S.No/Date Account Title Debit Credit 1 Carriage Cash Discount on Notes Payable Interest Expense Interest Payable Record ei View general journal