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On December 31, 2025, Bramble Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Bramble Co. agreed to accept a

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On December 31, 2025, Bramble Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Bramble Co. agreed to accept a $298,600 zero-interest-bearing note due December 31,2027 , as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 10%. Bramble is much more creditworthy and has various lines of credit at 6% (a) Prepare the journal entry to record the transaction of December 31, 2025, for the Bramble Co. (Round present value factor calculations to 5 decimal places, eg. 1.25124 and final 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. List oll debit entries before credit entries)

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