Ace purchased land on 1/1/13 by issuing an installment loan with Item \#s for the following terms: face value of $78, stated rate of 5%, annual Journal payments of $22 due each 12/31 for the next four years with first Entries payment due on 12/31/13. The appropriate market rate for this sheet loan is 8.6%. You have 2 entries for this loan: 15a and 15b. 15a Issuance of the loan on 1/1/13 15b Installment payment on 12/31/13