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7.37 Stanley Bodner, M.D., performs medical services for Sickman and receives a $4,000, non-interest-bearing note due in 3 years. Prepare the journal entry for Dr.

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7.37 Stanley Bodner, M.D., performs medical services for Sickman and receives a $4,000, non-interest-bearing note due in 3 years. Prepare the journal entry for Dr. Bodner if: (a) The fair market value of these services is $3,200. (b) The fair market value is unknown; however, Sickman's imputed interest rate is 12%

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