In 2020, the restaurant suffered a shortage of cash due to COVID-19. In order to make ends meet the owner of the restaurant signed a $25,000, 6% annual rate bank loan on November 1st, 2020, due in 2 years. The bank requires that last year's interest is paid on February 11th every year and that any remaining interest at the point of repayment is paid immediately with the repayment. The company follows an annual cycle with a year-end of 12/31.

Record all the changes to the accounting equation that the restaurant will have to make in 2022 related to this transaction. Make sure to include the date of each change.