On Jan. 1, 2020, Bobcat Brewing Co., sold a 1-acre land parcel to CBD, Inc. CBD gave a zero- interest-bearing note with a maturity payment of $112,204 due Dec. 31, 2024. CBD's credit rating makes it eligible to borrow money at 7% interest compounded annually from local banks. Bobcat Brewing originally purchased the 1-acre land parcel for $60,000 in 2012. Instructions: For Bobcat Brewing Company: Record the journal entries related to this transaction assuming Bobcat Brewing has a December 31, 2019 year end. (Show all calculations above and round your answer to an even dollar amount.) Accounts Debit Credit