Required information

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

On January $1,$ Year $1,$ Brown Company $k$ ved cash from First Bank by issuing a $$76,500$ face value, four$-$year term note that had an $8$ percent annual interest rate. The note is to be repaid by making annual cash payments of $$23,097$ that include both interest and principal on December $31$ of each year. Brown used the proceeds from the loan to purchase land that generated rental revenues of $$35,955$ cash per year.

b$.$ Organize the information in accounts under an accounting equation.

Note: Round your answers to the nearest whole dollar amount. Enter any decreases to account balances with a minus sign. If there is no effect on the Account Titles for Retained Earnings, leave the cell blank. Not all cells will require entry.

$\backslash$table$[[$BROWN COMPANY$],[$Effect of Events on the Accounting Equation$],[$Year $1,$ Year $2,$ Year $3$ and Year $4],[$Event$,$Assets,$=,\backslash$table$[[$Liabilities$],[$Notes$],[$Payable$]],\{\{$fdf$4554$a$2-1$f$34-4$adc$-$a$420-68$e$6$fed$5$b$8$d$8\}$

$\backslash$table$[[$Stockholders$\text{'}],[$Equity$]]\backslash$right$.\},\backslash$table$[[$Account Titles for$],[$Retained Earnings$]]],[$Cash$,+,$Land$],[$Year $1],[\frac{1}{1},76,500,+,,=,76,500,+,8,],[\frac{1}{1},(76,500),+,76,500,=,,+,,8],[\frac{12}{31},,+,,=,,+,,2],[\frac{12}{31},,+,,=,,+,,],[$Balance$,0,+,76,500,=,76,500,+,0,],[$Year $2],[$Beginning balance,,$+,,=,,+,,]]$

of $11$