2. On January 1, 2011, Citrus Retail Co. issued a $500,000, 5 year, 8% installment note payable with payments of $100,000 principal plus interest due on January 1 of each year for the next 5 years. 1. Prepare the adjusting jourmal entry at December 31, 2011 to accrue interest for the year. 2. Show the account(s) and amount(s) and where it will appear on a multi-step income statement prepared on December 31, 2011