Sarduchi Imports owes Radnor \( \$ \& L \$ 50 \)amp;L$50 million under an 8% note with three years remaining to maturity. Due to financial difficulties of Sarduchi, the previous year's interest ( $4 million) was not received. Radnor believes that the present value of all amounts it eventualy will collect from Sarduchi is $25 million. Required: Compute the credit loss that the bank would record, and prepare a journal entry to record the credit loss as bad debt expense. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions