7. On December 31, 2015, Thompson Bank restructures an $800,000, 12% note receivable with $192,000 of accrued interest so that the new principal is $750,000, payable in four years at 10% Present value factors for n = 4 years are: Discount rate PV of $1 PV of an annuity 3.169865 10% 0.683013 12% 0.635518 3.037350 Required: a. Prepare the journal entry to record the loss on restructuring b. Prepare the journal entry to record the 2015 interest revenue. c. Compute the carrying value of the note on December 31, 2013 d. Compute the carrying value of the note on December 31, 2019 before the payment is received