On January 1, Sarasota Corp. lent $34,000 to Metlock, Inc., accepting Metlock's $45,254, three-year, zero-interest-bearing note. The implied interest is 10%. (a) Prepare Sarasota's journal entries for the initial transaction, recognition of interest each year assuming use of the effective interest method, and the collection of $45,254 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 O for the amounts.) Credit