On May 15, 201X, Rob Co. gave Blue Co. a 180-day, $5,000,10% note. On July 14 , Blue Co. discounted the note at 12%. Assume a 360 -day year. a. Journalize the entry for Blue to record the proceeds. b. Record the entry for Blue if Rob fails to pay at maturity. (Record debits first, then credits. Exclude explanations from journal entries.) a. Journalize the entry for Blue to record the proceeds. b. Record the entry for Blue if Rob fails to pay at maturity