On January 1. 2018, Tropical Paradise borrows S33 000 by agreeing to a 6% four year note with the bank. The funds will be used to purchase a new BMW convertible for use in promoting reports properties to potential customers Loan payments of $775.01 are due at the end of each month win try first installment due on January 31, 2018 Required: Record the issuance Of the installment note payable and the first two monthly payments.(Do rot round intermediate calculations. Round your final answers to 2 decimal places.)