Question 18 Ava Company borrowed $60,000 on January 1, 2016, and signed a five-yoor, 6% inotatment not to be paid in five equal payments of $13.858 the end of each year. a. Prepare the journal entry to record the payment made on December 31, 2018 b. After recording the journal entry what is the remaining ability on this note and what will the interest expense be in 2019 on this note? Write your journal entries using whole numbers and answer part busing whole numbers. You must include an explanation of how you determined the amours in part 14 111 > For the toolbar, press ALT F10 (PC) OF ALT FOF10 (Mad B TVs Paragraph Arial x? X2 .111. ) I. M G H 9 EDH , 19 > 0