HH Sweet is purchasing equipment for it's warehouse by making 9 pmts of $6,200 at an interest rate of 8% on July 31, 2013 with the first payment coming 12 months after the purchase. The useful life of the equipment is 9 years, the same as the loan duration. The residual value of the equipment will be 10% of the cash price and HH Sweet will use 150% declining balance depreciation. Provide the journal entry for the purchase and the depreciation entries for 2013 and 2014.