Wundberw%252F CH9. Long-Term Liabilities Help 3 Part 3 of 3 Required information The following information applies to the questions displayed below) On January 1, 2024, Evanston Corporation borrowed $25 million from a local bank to construct a new building over the next three years. The loan will be paid back in three equal installments of $10,052,870 on December 31 of each year. The payments include interest at a rate of 10% 2 points 3. Use amounts from the amortization schedule to record each installment payment. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answer in dollars, not millions. (.e., $5.5 milion should be entered as 5,500,000.).) eBook Print View transaction lit View journal entry worksheet No General Journal Dabit Crada - References 1 Date December 31, 2024 Interest Expense Notes Payable 2 December 31, 2025 Interest Expense Notes Payable 3 December 31, 2026 Interest Expense Notes Payable