On January 1 of Year 1, Bryson Company obtained a $163,500, four year, 12% installment noto from Campbell Bank. The not requires annual payments of $53,630, beginning on December 31 of Year! Required: u. Prepare a table for this installment noto, similar to the one presented in Bibit b. Joumalize the entries for the issuance of the note and the four au note payments. Refer to the Chart of Accounts for exact wording of accounts c. Describe now the annualnite payment would be reported on the Year 1 income statement a Prepare a table for this installment note, similar to the one presented in Exhibit4. Round amounts to me nearest dollar Amortization of Installment Notes D E Decrease in Notes Payable Dec 31 Carrying Amount For the Year Ending Dec. 31 January 1 Carrying Amount Note Payment Interest Expense Year 1 5 S 5 S Year 2 Year 3 I Year 4 $ bloomade the entries for the men of me note and the four armar note payments. Enitor ansactions for Yeart on page to or the owal Year 2 on page 12. Your 3 on paper 15, and Year 4 on papo 17. Peter to the Chart of Accounts for exact wording of account is. PGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST NEW DCHIT CREDIT ASSETS LUILMES EQUITY PAGE 12 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 1 INGE 15 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRE DEBIT CREDIT ASSETS LILITIES EQUITY 1 2 1 IMGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRE DEBIT CREDIT ASSETS LIABILITIES FOUNY 1 2 3 c. Describe how the annual note payment would be reported on the Year 1 income statement. Interest expense of $ would be reported on the income statement