*Problem 7-15 On January 1, 2017, Shamrock Company issued a $1,252,050, 5-year, zero-interest-bearing note to Bridgeport Bank. The note was issued to yield 9% annual interest. Unfortunately, during 2018 Shamrock fell into financial trouble due to increased competition. After reviewing all available evidence on December 31, 2018, Bridgeport Bank decided that the loan was impaired. Shamrock will probably pay back only $834,700 of the principal at maturity. Prepare journal entries for both Shamrock Company and Bridgeport Bank to record the issuance of the note on January 1, 2017. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 5,275. 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.) No. Account Titles and Explanation Debit Shamrock Company (Debtor): Bridgeport Bank (Creditor) 2