Morgan Acrobats lent $26,307 to Donaldson, Inc., accepting Donaldson's 2-years, $33,000, zero-interest-bearing note. The implied interest rate is 12%. Prepare Morgan's journal entries for the initial transaction, recognition of interest each year, and the collection of $33,000 at maturity. (Round answers to O decimal places, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation 1. 2 (To record the initial transations) 3 (To record the recognition of interest in year one) Debit Credit