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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, 2021, Eagle
Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] On January 1, 2021, Eagle Company borrows $21,000 cash by signing a four-year, 5% installment note. The note requires four equal payments of $5,922, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024 Exercise 10-12 (Algo) Installment note amortization table LO C1 Prepare an amortization table for this instaliment note. (Round all amounts to the nearest whole dollar.) Exercise 10-12 (Algo) Installment note amortization table LO C1 Prepare an amortization table for this installment note. (Round all amounts to the nearest whole dollar.)
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