On December 31,2025 , Vaughn Company borrowed $71,033 from Paris Bank, signing a 5-year, $114,400 zero-interest-bearing note. The note was issued to yield 10% interest. Unfortunately, during 2027, Vaughn began to experience financial difficulty. As a result, at December 31,2027 . Paris Bank determined that it was probable that it would receive back only $85,800 at maturity. The market rate of interest on loans of this nature is now 11%. Prepare the entry, if any, to record the impairment of the loan on December 31; 2027, by Paris Bank. (Round present value foctor calculations to 5 decimal places, eg. 1.25124 and final answers to 0 decimal places, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter of for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List debit entry before credit entry.)