Windsor Corp. owes $295,000 to Sheridan Trust. The debt is a 10-year, 12% note due December 31,2020 . Because Windsor Corp. is in financial trouble, Sheridan Trust agrees to extend the maturity date to December 31, 2022, reduce the principal to $240,000, and reduce the interest rate to 5%, payable annually on December 31. (a) Prepare the journal entries on Windsor's books on December 31, 2020, 2021, 2022. (b) Prepare the journal entries on Sheridan Trust's books on December 31, 2020, 2021, 2022. 2xi1 ITo resers matur ity of toos Pere nalla