On January 1. Culver Corp. lent $26,000 to Splish Brothers Ltd; accepting Splish Brother's $34,606, three-year, zero-interest-bearing note. The implied interest is 10%. (a) Prepare Culver'sjournal entries for the initial transaction, recognition of interest each year assuming use of the effective interest method, and the collection of $34,606 at maturity. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts. List all debit entries before credit entries. (To record interest income in the first year) Notes fiecelvatile: Intereat Receivable (To record interest income in the second year) Notes Precivable. Interest Recelvable (To record interest income in the third year) Notes Roceivable Interest Reccivabile (To record collection at maturity)