Echo corporation (the company) uses the actual method of accounting and maintains its accounting records on a calendar year, January 1 to December 31. On January 1,2022 , the company borrowed $100,000 from local bank. The note bears interest 6% per year and is payable in full ( principal and interest) on January 31, 2023 . The companys trial balance, as of and fir the year ended December 31, 2022, follows