Chapter 14 Long-Term Liabilities Use the information in Exercise 14-10 to prepare the 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. ries Mentel 1. Piepart t Jourar C y twIecOru the bond retirement at January1, 2023. On January 1, 2017, Eagle borrows $100,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $29,523, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. Prepare an amortization table for this installment note like the one in Exercise 14-10 Installment note amortization table C1 Exhibit 14.12