SARD VW Problem 14-09 Sunland Cosmetics Co. purchased machinery on December 31, 2019.paying $48,600 down and agreeing to pay the balance in four equal instaliments of 140,300 payable ad December 31. An assumed interest of 996 is Implicit in the purchase price Prepare the journal entries that would be recorded for the purchase and for (1) the payments and (2) interest on the following dates. Cound answers to decimal place 38,548. If no entry is required, select "No Entry for the account titles and enter for the amounts, Credit account titles are automatically indeed when entered. Do not indent manually.) (a) December 31, 2019, (b) December 31, 2020. (c) December 31, 2021. (d) December 31, 2022 (e) December 31, 2023. No. Account Tities and Explanation Debit Credit