On Jan 1 2020, SEK industries bought a specially built robot spray printer for its production line. The company issues a $100,000, five-year, zero interest-bearing note to Wrigley Robotics for the new equipment. The prevailing market rate of interest of obligations of this nature is 10%.  Record the journal entries associated with this purchase on (a) December 31, 2020 (b) December 31, 2021 (c) December 31, 2022

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