[The following information applies to the questions displayed below.) On January 1, 2018, Brown Co. borrowed cash from First Bank by issuing a $80,000 face value, four-year term note that had an 6 percent annual interest rate. The note is to be repaid by making annual cash payments of $23,087 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 $42,400 cash per year. 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. eave the cell blank.) BROWN CO. Effect of Events on the Accounting Equation 2018, 2019, 2020 and 2021 Assets - Liabilities - Stockholders' Equity + Land = Notes Retained Pamahla Farninn Event Accounts Titles / Retained Earnings Cash o e DELL BROWN CO. Effect of Events on the Accounting Equation 2018, 2019, 2020 and 2021 Stockholders Assets Liabilities + Equity Notes Retained Land Payable Earnings Event Accounts Titles / Retained Earnings Cash 2018 1/1 + + 1/1 12/31 12/31 Bal. 2019 Beg bal. 12/31 12/31 End bal. 2020 Required information 2019 Beg. bal. 12/31 12/31 End, bal 2020 Beg. bal 12/31 12/31 End, bal. 2021 Beg bal 12/31 12/31 End bal