VewPolicies \$icw Attempt History. Current Attempt in Progress On June 30. 2024, Ivanhoe Company borrowed $440.000 at a bank by signing a five-year, 109 loan. The terms of the loan require equat semi annusi principal payments plus interest beginning December 31 . 2024. The loan agreement requires the company to maintain a current ratio of 2.5. The December 31. 2024, year-end statement of financial position, immediately prior to the bank loan repayment and the reclassification of long-term debt, follows: Prepare journal entry to record the principal and interest payment on December 31, 2024. (Credit occount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)