On January 1, 2020, La Petite Macaron, a local French bakery, borrowed $84,000 from the bank. Interest is calculated at the rate of 4% and the term of the note is four years. Four equal annual payments will be made in the amount of $23,141 each December 31. The payment schedule is shown below: Annual Payment Year Principal Portion of Payment Interest Portion of Payment Principal Balance at Year- End 2020 $23,141 $19,781 $3,360 $647219 2021 23,141 20,572 2,569 43,647 2022 23,141 21,395 1,746 22,252 2023 23,141 22,252 889 -0- Show how La Petite Macaron will show the note on its year-end balance sheet: 1. December 31, 2020 2 December 31 2021