Wildhorse inc has decided to purchase equipment from Central industries on January 2, 2022, to expand its production capacity to meet customers' demand for its product. Wildhorse issues a $846,000,5-year, zero-interest-bearing note to Central for the new equipment when the prevailing market rate of interest for obligations of this nature is 11%. The company will pay off the note in five $169,200 installments due at the end of each year over the life of the note. Prepare the journal entry at the end of the first year to record the payment and interest, assuming that the company employs the effective-interest method. (Round answers to 0 decimal ploces, e.8. 5,275. Credit account titles are outomatically indented when amount is entered. Do not indent manuaily. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts) The parts of this question must be completed in order. This part will be available when you complete the part above