Instructions On the first day of the fiscal year, a company issues $50,000, 10%, five-year installment notes that have annual payments of $13,190. The first note payment consists of $5,000 of interest and $8,190 of principal repayment. a. Journalize the entry to record the issuance of the installment notes on January 1, 2017. Refer to the Chart of Accounts for exact wording of account titles. b. Journalize the first annual note payment on January 1, 2018. Refer to the Chart of Accounts for exact wording of account titles