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16.70 points Exercise 14-15 Installment note entries LO P5 on January 1, 2013, Eagle borrows S22.000 cash by signing a four-year, 6% installment note. The
16.70 points Exercise 14-15 Installment note entries LO P5 on January 1, 2013, Eagle borrows S22.000 cash by signing a four-year, 6% installment note. The note requires four equal total payments of accrued interest and principal on December 31 of each year from 2013 through 2016 Tabe B Table B.2 Table B3 and Table 84) (Use appropriate factor[s) from the tables provided Prepare the journat entries for Eagie to record the loan on January 1 2013, and the fouf payments from December 3t 2013 through December 31.201S Interest Rate Notes Payable Table Value Cash Paid 6.0%
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