on January 1 year one Brown company borrow cash from first bank by issuing a $100,000 face value four term note that had an 8% annual interest rate the notice to be repaid by making annual cash payments of 30,192 that included both interest and possible on December 31 of each year Brown use the proceeds from the loan to purchase land that generated rental revenues of $52,000 cash per year organized information in accounts on the accounting equation (round your answers to the nearest whole dollar amount Enter any decreases to account balances with a minus sign if there is no effect on the account titles for retained earnings lead to sell blank not all sales will require entry.)

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