On January 1, Marigold Corp. lent $44,000 to Splish Brothers Inc., accepting Splish Brothers's $58,564, three-year, zero-interest-bearing note. The implied interest is 10%. (a) Prepare Marigold's journal entries for the initial transaction, recognition of interest each year assuming use of the effective interest method, and the collection of $58,564 at maturity. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit (To record initial transaction) (To record interest income in the first year) (To record interest income in the second year) (To record interest income in the third year) (To record collection at maturity)