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please provide detail thank you ACCT G 334 Chapter 14 Long-Term Debt ln-Class Exercise Installment Notes Zavala Drilling Co. purchased machinery on December 31, 2018,

please provide detail thank you

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ACCT G 334 Chapter 14 Long-Term Debt ln-Class Exercise Installment Notes Zavala Drilling Co. purchased machinery on December 31, 2018, paying $100,000 down and agreeing to pat the balance in four equal installments of $125,000 payable each December 31. An assumed interest of 5% is implicit in the purchase price. Prepare the journal entries for each year, between 2018 through 2022 for the purchase and for the payments and interest on the following dates. Round amounts to the nearest dollar. Discaunthremlum Unamortlzed Date Discountir Premium Carrying Value

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