Crane Corporation issued a 4-year. $77,000, zero-interest-bearing note to Brown Company on January 1, 2020, and received cash of $48,935. The implicit interest rate is 12% Prepare Crane's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest. (Round answers to decimal places, eg, 38,548. If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Cred (a) (b)