Jules, Inc. issued a 4-year, $75,000, zero-interest-bearing note to Reed Company on January 2, 2025, and received cash of $44,406. The full balance of the Note is due on January 2, 2029. The implicit interest rate is 14%. An amortization table for this note applies as follows: For the year ending December 31,2027 , what amounts will Jules have recorded to the following elements of the accounting equation? Here is an example of the format: $x,xxx increase OR $x,xxx decrease or $0 no change The way to approach this problem is to draw out the accounting equation. Then fill in the boxes. The boxes read left to right. Current assets A) Long-term assets A Current liabilities A Long-term liabilities A Operating expenses A/ Non-operating expenses