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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] On January 1, 2020, Eagle

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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] On January 1, 2020, Eagle Company borrows $25,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $7,381, consisting of accrued interest and principal on December 31 of each year from 2020 through 2023 . Exercise 1012 (Algo) Installment note amortization table LO C1 Prepare an amortization table for this installment note. Note: Round all amounts to the nearest whole dollar

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