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please solve the pics below. provide what to write in the answer boxes Sheffield plc purchased a truck by issuing an 76,800,4-year. zero-interest-bearing note to

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Sheffield plc purchased a truck by issuing an 76,800,4-year. zero-interest-bearing note to Equinox Inc. The market rate of interest for obligations of this nature is 6%. Prepare the journal entry to record the purchase of this truck. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, eg. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Current Attempt in Progress Kingbird AG purchased a new plant asset on April 1, 2022, at a cost of 954,000. It was estimated to have a service life of 20 years and a residual value of 78,720. Kingbird' accounting period is the calendar year. (a) Compute the depreciation for this asset for 2022 and 2023 using the sum-of-the-years'-digits method. (Round answers to 0 decimal places, e. 45,892.) Depreciation for 2022 Depreciation for 2023

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