On January 1, 2016, Eagle borrows $100,000 cash by signing a four-year, 7% installment note. The note requires four equal total payments of accrued interest and principal on December 31 of each year from 2016 through 2019. (Table B1. Iable B.2 Table B.3, and Jable B.4) (Use appropriate factor(s) from the tables provided.) Check my lillside issues$4,000,000 of 6%, 15-year bonds dated January 1, 2016, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $4,895.980. Required: . Prepare the January 1, 2016, journal entry to record the bonds' issuance On January 1, 2016, Eagle borrows $100,000 cash by signing a four-year, 7% installment note. The note requires four equal total payments of accrued interest and principal on December 31 of each year from 2016 through 2019. (Table B1. Iable B.2 Table B.3, and Jable B.4) (Use appropriate factor(s) from the tables provided.) Check my lillside issues$4,000,000 of 6%, 15-year bonds dated January 1, 2016, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $4,895.980. Required: . Prepare the January 1, 2016, journal entry to record the bonds' issuance