ASAP for both

Sarduchi Imports owes Radnor S\&L $56 million under an 10% note with three years remaining to maturity. Due to financial difficulties of Sarduchi, the previous year's interest (\$5.6 million) was not received. Radnor believes that the present value of all amounts it eventually will collect from Sarduchi is $31 million. Required: Compute the credit loss that the bank would record, and prepare a journal entry to record the credit loss as bad debt expense. Note: If no entry is required for a transaction/event, select"No journal entry required" in the first account fleld. Enter your answer In millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5 ). Journal entry worksheet Record the credit loss for Radnor S\&L. Note: Enter debits before credits. Reba wishes to know how much would be in her investment account in five years if she deposits a given sum in an account that earns 6% interest compounding monthly. She should use a calculation involving the: Mumiple Choice present value of an ordinary annulty. future value of an ordinary anmulty: present value of a single amount. future value of a single amount