On December 1, 2021, your company borrowed $37,500, a portion of which is to be repaid each year on November 30 . Specifically, your company will make the following principal payments: 2022,$5,000;2023,$7,500;2024,$10,000; and 2025,$15,000. Show how this loan will be reported in the December 31,2022 and 2021 balance sheets, assuming principal payments will be made when required