By December 31, 2023, Cheyenne Corp. had performed a significant amount of environmental consulting services for Oriole Ltd. Oriole was short of cash, and Cheyenne agreed to accept a $146,000, non-interest-bearing note due December 31,2025 , as payment in full. Oriole is a bit of a credit risk and typically borrows funds at a rate of 12%. Cheyenne is much more creditworthy and has various lines of credit at 9%. Cheyenne 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, 2023, for Cheyenne. (For calculation purposes, use 5 decimal places as displayed in the foctor table provided. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Round answers to 0 decimal places, es. 58,971 .)