Marin Corporation issued a 5-year, $61,000, zero-interest-bearing note to Brown Company on January 1,2020, and received cash of $34,613. The implicit interest rate is 12%. Prepare Marin's journal entries for (a) the January 1 issuance and (b) the December 31 recognition of interest. (Round answers to 0 decimal places, es. 38,548. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts. Credit account tities are outomatically indented when amount is entered. Do not indent manually.)