On December $31,2025,$ Metlock Co$.$ performed environmental consulting services for Hayduke Co$.$ Hayduke was short of cash, and Metlock Co$.$ agreed to accept a $\backslash (\backslash$$ $318,100\backslash )$ 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 $\backslash (11\backslash \%\backslash ).$ Metlock is much more creditworthy and has various lines of credit at $\backslash (5\backslash \%\backslash ).$ Assuming Metlock Co$.\text{'}$s fiscal year$-$end is December $31,$ prepare the journal entry for December $31,2026.($Round 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 debit entry before credit entry.$)$

Debit

Credit

Dec. $31,$

$2026$