On January 1, 2024, Pete's Pizza borrows $23,000 to purchase a delivery truck by agreeing to a 6%, four-year loan with the bank. Payments of $540.16 are due at the end of each month, with the first installment due on January 31, 2024. How will the issuance of the note payable and the first monthly payment affect the financial statements? Complete this question by entering your answers in the tabs below. Jan 1 Jan 31 How will the issuance of the note payable affect the financial statements? Note: Do not round your intermediate calculations. Amounts to be deducted should be indicated by a minus sign. Assets 59 23,000 Balance Sheet Liabilities Common Stock Stockholders' Equity Retained Earnings Revenues < Jan 1 Jan 31 > Income Statement Expenses