On December 31, 2020, Pearl Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Pearl Co. agreed to accept a $264,600 zero-interest-bearing note due December 31, 2022, as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of 12%. Pearl is much more creditworthy and has various lines of credit at 6%. Click here to view factor table. (a) Prepare the journal entry to record the transaction of December 31, 2020, for the Pearl Co. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, eg. 5,275. If no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2020 W