The following amortization schedule indicates the interest and principal that Chip's Cookie Corporation (CCC) must repay on an installment note established January 1, 2021. CCC has a December 31 year-end and makes the required annual payments on December 31. Use the amortization schedule to prepare CCC's required journal entries on (a) January 1, 2021; (b) December 31, 2021; (c) December 31, 2022; (d) December 31, 2023; and (e) December 31, 2024. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) Repaid Principal on Note Payable Year Beginning Note Payable Interest Ending Note Expense Payable 1 62,000 7,440 12,973 49,027 2 49,027 5,883 14,530 34,497 3 34,497 4,140 16,273 18,224 4 18,224 2,187 18,224 0 Total 19,650 62,000 View transaction list Journal entry worksheet 1 2 3 4 5 Record the notes payable. Note: Enter debits before credits. Transaction (a) General Journal Debit Credit >