Watervay Enginesring Corporation purchased conveyor equipment with a list price of $9,000. Presentad below are threa independent cases ralated to the aquipmant 2. Watervay paid cash for the equipmant 8 drys after the purchase. The vendor's credit terms arz 2/10, 1/90. Assume that aquipmant purchases are initially racordad aross. b. Watervay traded in equipment with a book value of $1,900 (initial cost $8,4001, and paid $10,100 in cash one month after th purchase. The old equipment could have besn sold for $400 at the date of trade. (The ecchanga has commarcial substance) c. Watervay gava the vendor a $11,500 zero-interast-bsaring note for the equipment on the date of purchase. The nata was due in one year and was paid on time Assume that the affective-interest rate in the market was 95 . Prepare the zeneral journal entries requirsd to record the aceuisition and payment in aach of the independent cases above. (Round present value foctor calculations to 5 decimal places, eg. 1.25124 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 ent