ework #6 23 Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) On January 1, 2020. Eagle Company borrows $16,000 cash by signing a four-year, 5% installment note. The note requires four equal payments of $4,512, consisting of accrued interest and principal on December 31 of each year from 2020 through 2023 2 of 2 Exercise 10-13 (Algo) Installment note entries LO C1 Book Prepare the journal entries for Eagle to record the note's issuance and each of the four payments (Round your intermediate calculations and final answers to the nearest dollar amount.) 10 rences View transaction list Journal entry worksheet aw 1 MacBook Air Exercise 10-13 (Algo) Installment note entries LO C1 ook Prepare the journal entries for Eagle to record the note's issuance and each of the four payments. (Round your calculations and final answers to the nearest dollar amount.) ences View transaction list Journal entry worksheet Record the payment of the first installment payment of interest and principal on December 31, 2020. Note: Enter debits before credits Date General Journal Debit Crodit Dec 31, 2020 Record entry Clear entry View general Journal Prepare the journal entries for Eagle to record the note's issuance and each of the four payments. (Rou calculations and final answers to the nearest dollar amount.) View transaction list Journal entry worksheet Record the payment of the second installment payment of interest and principal on December 31, 2021. Note: Enter debits before credits Date General Journal Dobit Credit Dec 31, 2021 Record entry Clear entry View general journal bints Exercise 10-13 (Algo) Installment note entries LO C1 eBook Prepare the journal entries for Eagle to record the note's issuance and each of the four payments. (Ro calculations and final answers to the nearest dollar amount.) References View transaction list Journal entry worksheet Record the payment of the third Installment payment of interest and principal on December 31, 2022. Note: Enter debits before credits General Journal Date Dec 31, 2022 Debit Credit Record entry Clear entry View general Journal Iw They Record the payment of the fourth installment payment of interest and principal on December 31, 2023. (Hint: Make sure that the balance in Notes payable is $0 after this entry.) Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2023 Record entry Clear entry View general Journal