Buffalo Corporation issued a 5-year, \$65,000, zero-interest-bearing note to Brown Company on January 1, 2025, and received cash of $32.317. The implicit interest rate is 15%. Prepare Buffalo's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest. (Round answers to 0 decimal places, es. 38,548. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries)