Required information [The following information applies to the questions displayed below.] On January 1, Year 1, Brown Co. borrowed cash from First Bank by issuing a $78,000 face value, four-year term note that had an 7 percent annual interest rate. The note is to be repaid by making annual cash payments of $23,028 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 $35,880 cash per year. c. Prepare an income statement, a balance sheet, and a statement of cash flows for each of the four years. Complete this question by entering your answers in the tabs below. Req C Inc Stmt Req C Bal Sheet Req C Stmt of Cash Flows