Sarasota Corporation issued a 6-year, $50,000, zero-interest-bearing note to Garcia Company on January 1, 2020, and received cash of $50,000. In addition, Sarasota agreed to sell merchandise to Garcia at an amount less than regular selling price over the 6-year period. The market rate of interest for similar notes is 15%. Prepare Sarasota Corporations January 1 journal entry.