Required information [The following information applies to the questions displayed below] On January 1, 2021, Eagle Company borrows $28,000 cash by signing a four-year, 6% installment note. The note requires four equal payments of $8,081, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024 Prepare an amortization table for this installment note. (Round all amounts to the nearest whole doltar.) Payments (B) Deblt interest (C) Debit Notes Expenso Payable (D) Credit Cash (E) Ending Balance Period Ending (A) Beginning Date Balance 2021 2022 2023 2024 Total On January 1, 2021, Eagle Company borrows $28,000 cash by signing a four-year, 6% installment note. The note requires four equal payments of $8,081, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024 Prepare the journal entries for Eagle to record the note's issuance and each of the four payments (Round your intermediate calculations and final answers to the nearest dollar amount.) View transaction list Journal entry worksheet 1 2 3 > 5 4 Eagle borrows $28,000 cash by signing a four-year, 6% installment note. Record the issuance of the note on January 1, 2021. Note: Enter debits before credits General Journal Debit Credit Date January 01, 2021 08 Record the payment of the third installment payment of interest and principal on December 31, 2023. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2023 Record entry Clear entry View general journal Journal entry worksheet