Question: 14-10 On 1/1/2017 Eagle borrows $200,000 for 4 Years at 7% by signing an Installment Note. Annual Payments are to be $59,046. Prepare an amortization

14-10 On 1/1/2017 Eagle borrows $200,000 for 4 Years at 7% by signing an Installment Note. Annual Payments are to be $59,046. Prepare an amortization table for this installment note like the one on in Exhibit 14-12. 14-11 Use the information in Exercise 14-10 to prepare journal entries for Eagle to record the loan on January 1, 2017 and each of the four payments from December |31,2017 through December 31, 2020

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