On January 1, 2025, Marin Company loans $378,765 to Cullumber Corporation in exchange for a $450,000 zero-interest-bearing note payable in 2 years. The market rate of interest for a transaction of this nature for Cullumber is 9%. The present value of 1, 2 years out at 9% is 0.8417. Marin Company has a calendar year-end and it uses the effective-interest method. (a) Prepare journal entries on 1/1/25 to recognize the loan for Marin Company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List debit entry before credit entry)