On January $1,2021,$ Eagle Company borrows $$15,000$ cash by signing a four$-$year, $7\%$ installment note. The note requires four equal payments of $$4,428,$ consisting of accrued interest and principal on December $31$ of each year from $2021$ through $2024.$

Exercise $10-12($Algo$)$ Installment note amortization table LO C$1$

Preyof $9$NNeyt$2115,0001,0504,428$teBalanceExpenseEnding$($A$)$ Beginning$($B$)$ Debit InterestPayable$($C$)$ Debit Notes$($D$)$ Credit CashPayments