On January 2, 2023, the Casual Elite Co. acquired land to build a distribution centre by issuing a 6\%, three-year note for $209,000. The note will be paid in three annual payments of $78,189 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. 1 Record the issuance of 6%, 3-year note. 2 Record the annual payment on note payable. Note : = journal entry has been entered 2. Show how the note will appear on the December 31, 2023 balance sheet