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Consider the following note payable transactions of Caddell Video Productions. (Click the icon to view the transactions.) Requirements Journalize the transactions for the company. Considering the given transactions only, what are Caddell Video Productions' total liabilities on December 31, 2017? Requirement 1. Journalize the transactions for the company. Oct. 1, 2016: Purchased equipment costing $80,000 by issuing a five-year, 8% note payable. The note requires annual principal payments of $16,000 plus interest each Oct. 1