On January 2, 2023, the Casual Elire Co, acquired land to build a distribution centre by issuing a 8%, threet-year note for 5209 oc0. The note will be paid in three annual payments of $81,099 each December 31 . The payment schedule follows: Required: 1. Prepare the entry to: a. Issue the note on January 2, 2023. b. Record the annual payment on December 31, 2023. Journal entry worksheet 2 Record the issuance of 8%,3-year note. Journal entry worksheet Record the annual payment on note payable. Note: Enter debits before credits. 2. Show how the note will appear on the December 31,2023 balance sheet