On January 1, 2026, Shay Enterprises purchases a building with a cash payment of $190,000 and a 30 -year mortgage payable in the amount of $760,000. Expected principle payments on the mortgage through December 31,2026 are $6,095. Approach this problem by drawing out the accounting equation. Then fill in the blanks with $x,xxx increase or decrease OR $0 no change Current Assets A. Long-term assets A) Current liabilities A Long-term liabilities A. Stockholders' Equity A Jules, Inc. issued a 4-year, $75,000, zero-interest-bearing note to Reed Company on January 2,2025 , and received cash of $44,406. The full balance of the Note is due on January 2, 2029. The implicit interest rate is 14%. An amortization table for this note applies as follows: For the year ending December 31, 2027, what amounts will Jules have recorded to the following elements of the accounting equation? Here is an example of the format: $x,xxx increase OR $x,xxx decrease or $0 no change The way to approach this problem is to draw out the accounting equation. Then fill in the boxes. The boxes read left to right. Current assets A Long-term assets Current liabilities A Long-term liabilities A Operating expenses Non-operating expenses