On January 1, Year 1, Brown Company borrowed cash from First Bank by issuing a $53,500 face value, four-year term note that had an 9 percent annual interest rate. The note is to be repaid by making annual cash payments of $16,514 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 $27,820 cash per year. Organize the information in accounts under an accounting equation