$!$

Required information

$[$The following information applies to the questions displayed below.$]$

On January $1,2021,$ Eagle Company borrows $$32,000$ cash by signing a four$-$year, $9\%$ installment note. The note requires four equal payments of $$9,877,$ consisting of accrued interest and principal on December $31$ of each year from $2021$ through $2024.$

Prepare an amortization table for this installment note.

Note: Round all amounts to the nearest whole dollar.

$\backslash$table$[[$Payments$],[\backslash$table$[[$Period Ending$],[$Date$]],\backslash$table$[[($A$)$ Beginning$],[$Balance$]],\backslash$table$[[($B$)$ Debit Interest$],[$Expense$]],\backslash$table$[[($C$)$ Debit Notes$],[$Payable$]],($D$)$ Credit Cash,$\backslash$table$[[($E$)$ Ending$],[$Balance$]]],[2021,,,,,],[2022,,,,,],[2023,,,,,],[2024,,,,,],[$Total$,,,,,]]$