Described below are certain transactions of Carla Vista Company for 2021:

1. On May 10, the company purchased goods from Fox Company for $74,000, terms 2/10, n/30. Purchases and accounts payable are recorded at net amounts. The invoice was paid on May 18.
2. On June 1, the company purchased equipment for $90,000 from Rao Company, paying $30,000 in cash and giving a one-year, 9% note for the balance.
3. On September 30, the company discounted at 11% its $200,000, one-year zero-interest-bearing note at Virginia State Bank, receiving $180,000.

Prepare the journal entries necessary to record the transactions above using appropriate dates. Company uses the periodic inventory system.