Answer:
tractor   35,127,42 debit
       note payable         32,172.42  credit
      cash                           3,000     credit
--to record issuance--
Note payale end of 2018
39,584.19
note payables at Dec 31th
Note payable at the end of 2019
 39,584.19
note payables at Dec 31th
Explanation:
As the note has zero.interest we discount the note to get the present value:
  
  
 Maturity  $44,000.0000  
 time   3.00  
 rate  0.11
  
  
 PV   32,172.42  
The difference will be a discount that will acrrue interest overtime.
the truck will enter the accounting net of interest charges thus:
3,000 downpayment + 32,127.42 = 35,127.42
interest will be: 32,127.42 x 1.11 = 32,127.41
<u><em>Then, do the same for 2019</em></u>
(32,127.41 + 3,532.0162) x 1.11 = 39,584.19