Exercise 10-11 Installment note entries LO C1 On January 1, 2017, Eagle borrows $100,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $29,523, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided. Round your answers to the nearest dollar amount.) Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 2020 Answer is not complete No Date General Journal Debit Credit Jan 01, 2017 Cash 100,000 Notes payable 100,000 2 Dec 31, 2017 Interest expense Notes payable Dec 31, 2018 Interest expense Notes payable Cash 4 Dec 31, 2019 Interest expense Notes payable Cash Dec 31, 2020 Interest expense Notes payable Cash