On January 1, Culver Corp. lent $26,000 to Splish Brothers Ltd, accepting Splish Brother's $34,606, thiree-year, zero-interest-bearing note. The implied interest is 10% (a) Prepare Culver's journal 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 account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter O for the omounts. List all debit entries before credit. entries.)