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On January 2.2020. Brook Company acquired machinery by Issuing a 5%, $329,000 note due in 5 years on December 31 2024. Annual payments are $75,570

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On January 2.2020. Brook Company acquired machinery by Issuing a 5%, $329,000 note due in 5 years on December 31 2024. Annual payments are $75,570 each December 31. The payment schedule is: Year 2020 2021 2022 2023 2024 Annual Payment $75,570 75,570 75,570 75,570 75,570 Principal Portion of Payment $59,120 62,076 65,180 68,439 74,185 Interest Portion of Payment $16,450 13,494 10,390 7.131 1,385 Principal Balance ut Year-End $269,880 207,804 142,624 74,185 @ 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 "o" wherever required.) December 31 2021 2022 2020 2023 Current liabilities Current portion of non-current debt Interest payable Non current liabilities. Long-term dobt

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