On fanoary 1 of Yeat 1, Frysan Company obdained a 5183,750,4-year, 11% installiment note from Campbel Bark. The note requares annual poprents of 362.451, begrring on Decenter 21 of Yew 1 Required: a. Prepare a table for this instaliment ndte, similar to the one presented in Exhict. 4 b. Journalze the enthies for the issuance of the nole and the four annual note payments. c. Dencrbe how the annual note payment would be reported on the Yoar t mcome statenent. CHART OF ACCOUNTS Bryson Company General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 121 Accounts Receivable 611. Gain on Redemption of Bonds 122 Allowance for Doubtful Accounts 126 Interest Receivable EXPENSES 127 Notes Receivable 510 Cost of Goods Sold 131 Inventory 515 Credit Card Expense 141 Office Supplies 516 Cash Short and Over 142 Store Supplies 521 Sales Salaries Expense 151 Prepaid Insurance 522 Office Salaries Expense 191 Land 531 Advertising Expense 192 Store Equipment 532 Delivery Expense 193 Accumulated Depreciation-Store Equipment 533 Repairs Expense 194 Office Equipment 534 Selling Expenses 195 Accumulated Depreciation-Office Equipment 535 Rent Expense 536 Insurance Expense LIABILITIES 537 Office Supplies Expense 210 Accounts Payable 538 Store Supplies Expense 221 Salaries Payable 541 Bad Debt Expense 231 Sales Tax Payable 561 Depreciation Expense-Store Equipm 232 Interest Payable 562 Depreciation Expense-Office Equipn 241 Notes Payable 590 Miscellaneous Expense 251 Bonds Payable 710 Interest Expense 252 Discount on Bonds Payable 711 Loss on Redemption of Bonds 253 Premium on Bonds Payable EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends a. Prenire a dable for this mstaliment nofe, simiar fo bhe one presented in Eathly d. dodicfal lastiuctions page th c. Describe how the annual ncte payment would be reported on the Year f income statement. inderest expense of Would be reported on the incorne staterment