Purchasing Inc. purchases a bulldozer from Selling Inc on Jan $1$st$,2023$ using a note payable. The note payable stipulates that Purchasing Inc. will make four payments of $$225,000$ to Selling Inc. on Jan $1$st$,2023$; Dec $31,2023$; Dec $31$st$,2024$; Dec $31$st$,2025.$ The interest rate on this note payable is $13\%.$ The bulldozer has a useful life of $4$ years and Purchasing Inc. uses the straight$-$line method. Record all journal entries for both Purchasing and Selling Inc. over the life of the machine.