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Barton Chocolates used a promissory note to borrow $ 1 , 0 5 0 , 0 0 0 on July 1 , 2 0 2

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Barton Chocolates used a promissory note to borrow $1,050,000 on July 1,2021, at an annual interest rate of 5 percent. The note is to be repaid in yearly installments of $210,000, plus accrued interest, on June 30 of every year until the note is paid in full (on June 30,2026). Show how the results of this transaction would be reported in a classified balance sheet prepared as of December 31,2021.(Do not round intermediate calculations.)
\table[[BARTON CHOCOLATES],[Balance Sheet (partial)],[As of December 31,2021,],[,],[,],[,],[,],[,],[,]]
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