On January 2, 2020, Brook Company acquired machinery by issuing a 5%, $350,000 note due in 5 years on December 31, 2024. Annual payments are $81,099 each December 31. The payment schedule is: Principal Portion Annual Year Payment 2020 $81,099 of Payment $63,599 2021 81,099 66,779 2022 81,099 70,118 2023 81,099 73,624 2024 81,099 75,880 Required: Interest Portion of Payment Principal Balance at Year-End $17,500 $286,401 14,320 219,622 10,981 149,504 7,475 5,219 75,880 Using the information provided, complete the following liabilities section of Brook Company's balance sheet at December 31: (Leave no cells blank - be certain to enter "O" wherever required.) December 31, 2020 2021 2022 2023 Current liabilities Current portion of non-current debt $ 599 S 66 Interest payable Non-current liabilities: Long-term debt 75,880