On January $2,2023,$ Brook Company acquired machinery by issuing a $6\%,$$$331,000$ note due in $5$ years on December $31,2027.$ Annual payments are $$78,937$ each December $31.$ The payment schedule is:

$\backslash$table$[[,$Annual,Principal Portion,Interest Portion,Principal Balance$],[$Year$,$Payment,of Payment,$\backslash$table$[[$of Payment$],[$at Year$-$End$]],],[2023,$$$78,937,$$$59,077,$$$19,860,$$$271,923$