Question 1 (25 marks) Abbot Corp. issued a $270,000, three-year, zero-interest-bearing note payable to Athabasca Corp. for equipment on April 30, 2020. Abbot would normally pay interest at 6%. Abbot has a December 31 year- end and will repay the note with three equal yearly payments of $90,000. Abbot Corporation follows IFRS. Instructions Prepare the following journal entries for Abbot Corporation: A. Record the note B. December 31, 2020 interest accrual C. April 30, 2021 payment D. December 31, 2021 interest accrual E. April 30, 2022 payment As described in the Course Guide, use a Word table and correct journal entry format for all your journal entries. Round journal entry amounts to the nearest dollar. Round interest to the nearest full month