2.5 pts Question 20 On April 1, Sand Castle Co. borrowed $40,000 by issuing a four-year non-interest-bearing note to a customer. The present value of the note was $29,400. In addition, Sand Castle agreed to sell inventory to the same customer at reduced prices over the four-year period. The entry to record this transaction on April 1 would include a: debit to Cash of $29.400. credit to Discount on Note Payable of $10,600. credit to Note Payable of $29.400. credit to Unearned Revenue of $10,600 credit to Premium on Note Payable of $10,600