申論題

2. (4 分)
 During 2018, AAA Company acquired a new piece of equipment for its manufacturing process. In order to purchase the equipment, AAA made a down payment of $50,000 and issued a $200,000 five-year, 7% note. The annual payment of principal and interest was to be $48,778. The market rate of interest for obligations of this kind is 12%.
Required:

(b). Assume that the equipment had an established cash price of $225,000. Prepare the journal entry to record the transaction under this additional assumption.