Required information

Use the following information for the Exercises below. $($Algo$)$

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On January $1,2020,$ Eagle Company borrows $$24,000$ cash by signing a four$-$year, $8\%$ installment note. The note requires four equal payments of $$7,246,$ consisting of accrued interest and principal on December $31$ of each year from $2020$ through $2023.$

Exercise $10-12($Algo$)$ Installment note amortization table LO C$1$

Prepare an amortization table for this installment note.

Note: Round all amounts to the nearest whole dollar.

$\backslash$table$[[\backslash$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$]]],[2020,,,,,],[2021,,,,,],[2022,,,,,],[2023,,,,,],[$Total$,,,,,]]$