Iavid Davis is the sole shareholder of Davis Inc., which is currently under protection of the U.S. bankruptcy court. As a "debtor in ossession," he has negotiated the following revised loan agreement with United Bank. Davis Inc.'s $733,000,12%,10-year note was efinanced with a $733,000,5%,10-year note. What is the accounting nature of this transaction? Prepare the journal entry to record this refinancing: (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the nal answers to 0 decimal places, e.g. 58,971. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit ccount titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) 1. On the books of Davis Inc. 2. On the books of United Bank