Alan Acrobats lent $27,435 to Donaldson, Inc., accepting Donaldson's 2-years, $32,000, zero-interest-bearing note. The implied interest rate is 8%. Prepare Alan's journal entries for the initial transaction, recognition of interest each year, and the collection of $32,000 at maturity. (Round answers to O decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation 1. (To record the initial transations) Debit Credit