Oriole Corporation purchased a computer on December 31, 2016, for $132,300, paying $37,800 down and agreeing to pay the balance in five equal installments of $18,900 payable each December 31 beginning in 2017. An assumed interest rate of 9% is implicit in the purchase price. Prepare the journal entry at the date of purchase. Prepare the journal entry at December 31, 20, to record the payment and interest (effective-interest method employed). Prepare the journal entry at December 31, 20, to record the payment and interest (effective-interest method employed).