On March 1, 2014, Parnevik Company sold goods to Goosen Inc. for $632,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,065,000. The goods have an inventory cost on Parneviks books of $486,000. Prepare the journal entries for Parnevik on (a) March 1, 2014, and (b) December 31, 2014. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275. For calculation purposes, use 5 decimal places as displayed in the factor table provided.)