Exercise 10-10 Installment note with equal total payments LO C1 On January 1, 2017, Eagle borrows $15,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $4.428, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. (Table B1. Table 82, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) Prepare an amortization table for this installment note. 3 Answer is complete but not entirely correct. Payments Period Debit Ending Beginning Interest Debit Notes Credit Ending Date Balance Expense Payable Cash Balance 2017 15,000 1,050 44283378 1 ,050$4,428s 11,622 3,378 11,6224428 814 4,4283,6158 8,007 4.140 2018 2019 2020 Total ,007 4400 2.424 1 44283 3.067 4140 1,716 4.140 8 4,849 15,000 15,000