Ramon Comnany signed notes to make the following rwo purchases on danuary 1, 2020: a. a new truck for $54,000, with payment deferred until December 31,2021 . The appropeiste interest rate is 9% compounded annually. b. a sinall building from Wandrow Builders. The terms of the purchase require a 575,000 payment at the end of each quater, beginning March 31, 2020, and ending lume 30, 2022 . The appropnate anterest rate is 2% per quaiter Required Round your answers to the nearest cent, A rounding is required. 1. Complete the information needed to prepare a cash flow diagrams for these two purchases. a. n= 1= An per year Amount of Payment or Deposit b. n= quarters 46 per quarter b. n= quarters 1= Q per quarter 2. Pregare the entries fo record these nurchaves in Ramon's journal; 2. Prepare the entries to record these purchases in Ramon's journal. 13 b. 7. Prepare the cash payment and interest expente entries for purchac 4. Prepare the adjustang entry for purchase a at Decernber 31,2020. Deci31,2020