Teal plc purchased a truck by issuing an $86,400,4-$year, zero$-$interest$-$bearing note to Equinox Inc. The market rate of interest for

obligations of this nature is $10\%.$

Prepare the journal entry to record the purchase of this truck. $($Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$

and final answers to $0$ decimal places, e$.$g$.5,275.$ Credit account titles are automatically indented when amount is entered. Do not indent

manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$