On July 1, 2025, Bonita Inc. made two sales. 1. It sold land having a fair value of $901,000 in exchange for a 4-year zero-interest-bearing promis5ory note in the face amount of $1,417,737. The land is carried on Bonita's books at a cost of $592,800. 2. It rendered services in exchange for a 3%,8-year promissory note having a face value of $403,820 (interest payable annually). Bonita inc. recently had to pay 8% interest for money that it borrowed from British National Bank. The customers in these two transactions have credit ratings that require them to borrow money at 12% interest. Record the two journal entries that should be recorded by Bonita Inc, for the saies transactions above that took place on July 1,2025 . (Round present value factor calculations to 5 decimal places, eg, 1.25124 and final answers to 0 decimal places, eg 5,275. If no entry is required, seiect "No Eatry" for the account titles and enter O for the amounts. Crodit account tittes are outomatically indented when the amount is entered, Do not indent manually. List all debitentries before credit entries