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Required information [The following information applles to the questions displayed below] On January 1, 2021, Eagle Company borrows $30.000 cash by signing a four-year, 7%

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Required information [The following information applles to the questions displayed below] On January 1, 2021, Eagle Company borrows $30.000 cash by signing a four-year, 7% installment note. The note requires four equal payments or $8,857, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024 Prepare an amortization table for this instaliment note. Note: Round all amounts to the nearest whole dollar

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