Assume that on December 1, 2014, your company borrowed $14,000, a portion of which is to be repaid each year on November 30. Specifically, your company will make the following principal payments: 2015, $2,000; 2016, $3,000; 2017, $4,000; and 2018, $5,000. Show how this loan will be reported in the December 31, 2015 and 2014 balance sheets, assuming that principal payments will be made when required?