Requlred Information [The following information applies to the questions displayed below.) On January 1, 2018, Brown Co. borrowed cash from First Bank by issuing a $63,500 value, four-year term note that had an 7 percent annual interest rate. The note is to be repaid by making annual cash payments of $18,747 that include both interest and principal on December 31 of each year. Brown used the proceeds from the loan to purchase land that generated rental revenues of $30,480 cash per year. b. Organize the information in accounts under an accounting equation. (Round your answers to the nearest whole dollar amount. Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles / Retained Earnings, leave the cell blank.) BROWN CO. Effect of Events on the Accounting Equation 2018, 2019, 2020 and 2021 Assets Liabilities Stockholders Equity Land Notes Retained Payable Earnings Event Accounts Titles Retained Earnings Cash 2018 111 + 010 0 + 1/1 12/31 12/31 Bar 2010 Bog bal 12/31 12/31 End tal 2020 Bebe 1201 + 01. 0 0 . Net