at january 1, 2024, rothschild chair company, incorporated, was indebted to first lincoln bank under a $27 million, 10% unsecured note. the note was signed january 1, 2021, and was due december 31, 2027. annual interest was last paid on december 31, 2022. rothschild chair company was experiencing severe financial difficulties and negotiated a restructuring of the terms of the debt agreement. required: prepare all journal entries by rothschild chair company, incorporated, to record the restructuring and any remaining transactions relating to the debt under each of the independent circumstances below: