On January 1, Year 1, Wedekind Company issued a $213,000, five-year, 4% installment note to Shannon Bank. The note requires annual payments of $47,846, beginning on December 31, Year 1. Required: Joumalize the entries to record the following transactions. Refer to the chart of accounts for the exact wording of the account sites. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW joumals will automatically indent a credit entry when a credit amount is entered Year 1 Jan 1 Issued the note for cash at its face amount. Dec 31 Paid the annual payment on the note, which consisted of interest of $8,520 and principal of $39.326 Year 4