On January 1, Year 1, Brown Company borrowed cash from First Bank by issuing a \$106,000 face-value, four-year term note that had an 7 percent annual interest rate. The note is to be repaid by making annual cash poyments of $31,294 that include both interest and principal on December 31 of each year. Brown used the proceeds from the loan to purchase land that generated rental revenues of $58,000 cash per year. . Prepare an income statement, balance sheet, and statement of cash flows for each of the four years. Rent revenue is collected in Eash at the end of each year. (Hint Record the transactions for each year in T-accounts before preparing the financial statements.)