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Freparing Intries and intereas Schedule foe Long-Term Note Recelvable; Effective interest Method Required 2 Cofipute the present vabe of this note. b. Hiepare an effective incertat sourdule foc this note - Note: Round aniwers to she nearest whole oollar. c. \begin{tabular}{|c|c|c|c|c|} \hline Date & Account Name & & Dr. & Cr. \\ \hline \multirow[t]{5}{*}{ Jan. 1, Year 1} & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & To record sale of equipment. & & 4 & \\ \hline \multirow[t]{4}{*}{ Dec. 31, Year 1} & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & To record interest on note. & & & \\ \hline \multirow[t]{4}{*}{ Dec. 31, Year 2} & & & 0 & 0 \\ \hline & - & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & To record interest on note. & & & \\ \hline \multirow[t]{4}{*}{ Dec. 31, Year 3} & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & To record interest on note. & & & \\ \hline \multirow[t]{3}{*}{ Dec. 31, Year 3} & & & 0 & 0 \\ \hline & & & 0 & 0 \\ \hline & To record settlement of note. & & & \\ \hline \end{tabular}