PLEASE HELP:

[The following information applies to the questions displayed below.] On January 1, Year 1, Brown Company borrowed cash from First Bank by issuing a $118,000 face-value, four-year term note that had an 7 percent annual interest rate. The note is to be repaid by making annual cash payments of $34,837 that include both interest and principal on December 31 of each year. Brown used the proceeds from the loan to purchase land that generated rental revenues of $70,000 cash per year. b1-4. Prepare an income statement, balance sheet, and statement of cash flows for each of the four years. Rent revenue is collected in cash at the end of each year. (Hint: Record the transactions for each year in T-accounts before preparing the financial statements.)

I don't know how to correct/fill out Requirement B1 (the T accounts), it's driving me nuts. The rest of the requirements are filled in and correct but requirement B1 is very confusing for me. On the first and last cell of every row for B1 there is a drop-down menu for selecting the date or the closing entry. FOR EXAMPLE: This is what i've gotten so far with everything filled out to the best of my ability and the other filled out(CORRECT) answers for Requirements B2-4, this is just for your reference. PLEASE help me with Requirement B1, thank you.

\begin{tabular}{|l|r|r|c|} \hline \multicolumn{3}{|c|}{ Cash } \\ \hline Year 1 & & \\ \hline 1/1 & 118,000 & \\ \hline 12/31 & 70,000 & 34,837 & \\ \hline & & & \\ \hline Ending Balance & 153,163 & & \\ \hline Year 2 & & & \\ \hline & 70,000 & 34,837 & 12/31 \\ \hline & & & cl \\ \hline \end{tabular} Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare T-accounts for each of the four years. Rent revenue is collected in cash at the end of each year. (Select "cl" for all the closir intermediate calculations and final answers to the nearest dollar amounts.) Complete this question by entering your answers in the tabs below. Prepare an income statement for each of the four years. (Round your intermediate calculations and final answers to the nearest dollar amounts.) Prepare a balance sheet for each of the four years. (Round your intermediate calculations and final answers to the nearest dollar amounts.) Prepare a statement of cash flows for each of the four years. (Round your intermediate calculations and final answers to the nearest dollar amounts. Enter cash outflows with a minus sign.) \begin{tabular}{|l|r|r|c|} \hline \multicolumn{3}{|c|}{ Cash } \\ \hline Year 1 & & \\ \hline 1/1 & 118,000 & \\ \hline 12/31 & 70,000 & 34,837 & \\ \hline & & & \\ \hline Ending Balance & 153,163 & & \\ \hline Year 2 & & & \\ \hline & 70,000 & 34,837 & 12/31 \\ \hline & & & cl \\ \hline \end{tabular} Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare T-accounts for each of the four years. Rent revenue is collected in cash at the end of each year. (Select "cl" for all the closir intermediate calculations and final answers to the nearest dollar amounts.) Complete this question by entering your answers in the tabs below. Prepare an income statement for each of the four years. (Round your intermediate calculations and final answers to the nearest dollar amounts.) Prepare a balance sheet for each of the four years. (Round your intermediate calculations and final answers to the nearest dollar amounts.) Prepare a statement of cash flows for each of the four years. (Round your intermediate calculations and final answers to the nearest dollar amounts. Enter cash outflows with a minus sign.)