On January 2, 2023, Brook Company acquired machinery by issuing a 4%, $374,000 note due in 5 years on December 31, 2027. Annual payments are $84,175 each December 31. The payment schedule is: Principal Portion of Payment Year 2023 Annual Payment $84,175 $69,215 Interest Portion of Payment $14,960 2024 84,175 71,984 12,191 2025 84,175 74,863 9,312 2026 2027 84,175 77,857 6,318 84,175 80,081 4,094 Principal Balance at Year-End $304,785 232,801 157,938 80,081 8 Required: 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 "0" wherever required.)