Problem 14-5B Installment notes C1 On January 1, 2021, Gordon borrows $150,000 cash from a bank by signing a three-year installment note bearing 10% interest. The note requires equal payments of $60,316 each year on December 31. Required 1. Complete an amortization table for this installment note similar to the one in Exhibit 14.12. 2. Prepare journal entries to record the note's issuance and each of the first two payments.