On December $31,2025,$ Wildhorse Co$.$ performed environmental consulting services for Hayduke Co$.$ Hayduke was short of cash, and Wildhorse Co$.$ agreed to accept a $\backslash (\backslash$$ $261,600\backslash )$ zero$-$interest$-$bearing note due December $31,2027,$ as payment in full. Hayduke is somewhat of a credit risk and typically borrows funds at a rate of $\backslash (10\backslash \%\backslash ).$ Wildhorse is much more creditworthy and has various lines of credit at $\backslash (6\backslash \%\backslash ).$

$($a$)$

Your answer is partially correct.

Prepare the journal entry to record the transaction of December $31,2025,$ for the Wildhorse Co$.($Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answers to $0$ decimal places, e$.$g$.5,275.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$