ilm takeAssignment takeAssignment Mando?nvoker= assignments takeAssignmentSessionLocatora assignment take&n Show Me How Calculator Print Item eBook Entries for Installment Note Transactions On January 1, Year 1, Bryson Company obtained a $36,000, four-year, 8% installment note from Campbell Bank. The note requ $10,869, beginning on December 31, Year 1. Prepare an amortization table for this installment note, similar to the one presented in Exhibit 4 Note: Round the computation of the interest expense to the nearest whole dollar. Enter all amounts as positive numbers. In Yea Decrease in Notes Payable column either up or down to ensure that the Carrying Amount zeroes out. a. Amortization of Installment Notes Year Ending December Interest Expense (8% of January 1 Note Carrying Amount) Decrease inDe Notes Payable January 1 Carrying Amount Note Payment (Cash Paid) 31 Year 1 Year 2 36,000 10,869 10,869 10,869 10,869 s 43,476 2,880 Year 3 Year 4 b. Journalize the entries for the issuance of the note and the four annual note payments. Note: For a compound transaction, if an amount box does not require an entry, leave it blank. For the year 4 entry (due to rounding up or down to ensure that debits equal credits Check My Work 2 more Check My Work uses rertaning All work saved ASSIST Button w Prt Sc Pause nert De Sys Rq Break F7 F8 F9 O F1 F12