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Wolf Corp. has a three-year, $75,000, zero-interest bearing note with an original present value of $70,673 as of Jan 1, 2023. At year end, the

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Wolf Corp. has a three-year, $75,000, zero-interest bearing note with an original present value of $70,673 as of Jan 1, 2023. At year end, the note is being written off. Instructions: Record the A) Original entry as of Jan 1,2023 B) Subsequent entry on December 31st,2023 that is required to write-off the

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