Wildhorse Inc. operates a retail computer store. To improve its delivery services to customers, the company purchased four new trucks on April 1, 2023. The terms of acquisition for each truck were as follows: 1. Truck #1 had a list price of $29,700 and was acquired for a cash payment of $24,400. 2. Truck #2 had a list price of $25,500 and was acquired for a down payment of $2,000 cash and a noninterest-bearing note with a face amount of $23,500. The note is due April 1, 2024. Wildhorse would normally have to pay interest at a rate of 9% for such a borrowing, and the dealership has an incremental borrowing rate of 8%. 3. Truck #3 had a list