Instructions On January 1 of Year 1, Bryson Company obtained a $183,000, four-year, 4% installment note from Campbell Bank. The note requires annual payments of $50,415, beginning on December 31 of Year 1 Required: a. Prepare a table for this installment note, similar to the one presented in Exhibit 4. b. Journalize the entries for the issuance of the note and the four annual note payments. Refer to the Chart of Accounts for exact wording of account titles. c. Describe how the annual note payment would be reported on the Year 1 income statement. Instructions Chart of ACCOunts Journal Shaded cells have feedback b. Journalize the entries for the issuance of the note and the four annual note payments. Enter transactions for Y on page 15, and Year 4 on page 17. Refer to the Chart of Accounts for exact wording of account titles. Question not attempted JOURNAL DESCRIPTION POST. REF. DATE DEBIT Instructions Chart Of ACcounts Journal Shaded cells have feedback e four annual note payments. Enter transactions for Year 1 on page 10 of the journal, Year 2 on page 12, Year 3 ccounts for exact wording of account titles. PAGE 10 OURNAL Score: 0/63 ACCOINTING FOIATION POST. REF. DEBIT CREDIT LIABILITIESEQUITY InstructionS Chart oT ACCOunts Journal Shaded cells have feedback. JOURNAL DATE DESCRIPTION POST. REF DEBIT Instructions Chart Of ACCountS Journal Shaded cells have feedback. JOURNAL DESCRIPTION DEBIT DATE POST. REF. Question not attempted. InstructionS Chart oT ACCOounts Journal Shaded cells have feedback Question not attempted JOURNAL DESCRIPTION POST. REF. DEBIT DATE Question not attempted. OURNAL DESCRIPTION . DEBIT DATE POST. REF Feedback Amortization Table !Journal Final Question c. Describe how the annual note payment would be reported on the Year 1 income statement. Interest expense of $ would be reported on the income statement. Points: Feedback Check My Work c. Consider which of the accounts you used in your journal entries would appear on the income statement. What is the amount of that account for Year 1