Required information Problem 10-26A (Algo) Effect of an instaliment note on financial statements LO 101 The following intomation applies to the questions displiyed bolow) On January 1, Year 1, Erown Company botrowed cash from First Bank by ssuing a \$102,000 focevalue, four-year term note that had an 7 percent annual interest rate. The note is to be repald by making annual cash payments of $30113 that include both interest and principal on December 31 of each year Brown used the proceeds from the foan to purchase tand that generated rental revenueg of $54,000 cash per year Problem 10-26A (Algo) Port b b. 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 yeat in T-accounts before preparing the financiat statements) Complete this question ty entering your answers in the tabs below. Prepare T-accounts for each of the four vears. Hent revenue is collected in cash at the end of each yeac, (Select "cd" for all the cloeing entries. Heand your intermediate calculations and final eniners to the nesest doliar amosintsis)