Exercise 10-3 Bar Company, which is in financial difficulty and in the process of a voluntary reorganization, has agreed to transfer to a creditor a copyright it owns in full settlement of a $140,000 note payable and $14,000 in accrued interest. The copyright, which originally cost $119,000, has an accumulated amortization balance of $65,450 and a current fair value of $113,050 Prepare the journal entries on Bar Company's books to record the transfer of the copyright (Credit account titles are automatically indented when amount is entered. De not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Credit (To revalue the copyright to its current fair value.) (to record the transfer of the copyright)