6 P7-9 (Notes Receivable Journal Entries) On December 31, 2015, Regent Inc. rendered services to Begin Corporation at an agreed price of E102,049, accepting #40,000 down and agreeing to accept the balance in four equal installments of (20,000 receivable each December 31. An assumed interest rate of 11% is imputed. Instructions Prepare the entries that would be recorded by Regent Inc. for the sale and for the receipts and interest on the following dates. (Assume that the effective-interest method is used for amortization purposes.) (a) December 31, 2015. (c) December 31, 2017. (e) December 31, 2019. (b) December 31, 2016. (d) December 31, 2018. 7 P7-10 (Comprehensive Receivables Problem) Beaddock Inc