KC Corporation issued bonds with a total par value of $100,000 on 1/1/20x1. The following loan amortization schedule was developed for these bonds:. Year Beginning Carrying Value Interest Cash Amortization 20x1 96,613 6,763 6,000 763 20x2 97,376 6,816 6,000 816 20x3 98,192 6,873 6,000 873 20x4 99.065 6,935 6,000 935 Column Totals 27,387 24,000 3,387 Based upon the above information, Assume instead of refunding the bonds on January 1, 20X4, that the company is unable to make the payment for the maturity value and for the final interest payment at the end of the bond term. Investors agree to accept instead, a four year non-interest bearing note for 103,000. Record the troubled debt restructure on the books of the debtor