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Time value of Money On 1/1/11 your client received a 12 year note for $170,000 in exchange for the services that your client rendered. The note calls for an annual payment of interest on 12/31 at a contractual (stated) rate of 4%. Given the credit standing of the customer, an interest rate of 12% has been imputed as the effective rate. The principal amount of the note is due at maturity. Please provide journal entries on 1/1/11. 1) $2) 3) $4) 5 ) $6) Blank # 1 Blank # 2 Blank # 3 Blank # 4 Blank # 5 Blank # 6