On December 31, 2023, Riverbed Co. performed environmental consulting services for Marin Co. Marin was short of cash, and Riverbed Co. agreed to accept a $120,000 zero-interest-bearing note due December 31,2025 , as payment in full. Marin is somewhat of a credit risk and typically borrows funds at a rate of 11%. Riverbed is much more creditworthy and has various lines of credit at 6%. (a) Prepare the journal entry to record the transaction of December 31. 2023, for Riverbed Co. (Round present value factor calculations to 5 decimal places, es. 1.25124 and final answers to 2 decimal ploces, e. 5,275.25. Credit account titles are automatically indented when the amount is entered. Do not indent manuolly. If no entry isrequired, select "No Entry" for the account titles and enter of for the amounts. List all debit entries before credit entries.) Assuming Riverbed Co,s fiscal year-end is December 31, prepare the journal entry for December 31, 2024. (Round answers to 2 decimal places, eg. 5,275.25. Credit account titles are automatically indented when the omount is entered. Dob not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts. List debit entry before credit entry)