M

BE$14\mathrm{.}11($LO $3)$ Samson Corporation issued a $4-$year, $$75,000,$ zero$-$interest$-$bearing note to Brown Company on

January $1,2020,$ and received cash of $$47,664.$ The implicit interest rate is $12\%.$ Prepare Samson's journal entries

for $($a$)$ the January $1$ issuance and $($b$)$ the December $31$ recognition of interest. $($C$)$prepare an amortization table