Brief Exercise 8-2 Sunland Company borrows $93,600 on July 1 from the bank by signing a $93,600, 7%, 1-year note payable. Prepare a tabular summary to record (a) the proceeds of the note and (b) accrued interest at December 31, assuming adjustments are made only at the end of the year. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity,place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabilities Stockholders' Equity Retained Earnings Cash Notes Payable +Interest Payable Common StockRevenueExpenseDividend Interest expense Click if you would like to Show Work for this question: Qpen Show Work