On January 1, 2016, Hebron Company issued a $127,000, five-year, 11% installment note to Ventsam Bank. The note requires annual payments of $34,362, beginning on December 31, 2016. Journalize the entries to record the following transactions. Be sure to include the year in the date for the entries. Refer to the Chart of Accounts for exact wording of account titles. Issued the note for cash at its face amount. Paid the annual payment on the note, which consisted of interest of $13,970 and principal of $20,392. Paid the annual payment on the note, which included $6,473 of interest. The remainder of the payment reduced the principal balance on the