Problem 14-11 (Algo) Note with unrealistic interest rate [LO14-3] At January 1, 2024, Brant Cargo acquired equipment by issuing a six-year, $175,000 (payable at maturity), 4% note. The market rate of interest for notes of similar risk is 118 Required: 1. to 3. Prepare the necessary joumat entries for Brant Cargo. Note: If no entry is required for a transoction/event, select "No journal entry required" in the first account field. Round your final onswers to the nearest whole dollar. Use tables, Excel, or a financial calculator, (FV of \$1. PV of \$1. EVA of \$1. PVA of S1. EVAD of \$1 and PVAD of \$1)