By December 31, 2020, Indigo Corp. had performed a significant amount of environmental consulting services for Sandhill Ltd. Sandhill was short of cash, and Indigo agreed to accept a $173,000, non-interest-bearing note due December 31, 2022, as payment in full. Sandhill is a bit of a credit risk and typically borrows funds at a rate of 12%. Indigo is much more creditworthy and has various lines of credit at 8%. Indigo Corp. reports under IFRS. The tables in this problem are to be used as a reference for this problem. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. (a) Prepare the journal entry to record the transaction on December 31, 2020, for Indigo Corp. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Notes Receivable Debit Credit Service Revenue