Question: Exercise 10-12 Installment note amortization table C1 On January 1, 2020, Eagle Company borrows $100,000 cash by signing a four-year, 7% installment note. The note

Exercise 10-12 Installment note amortization table C1 On January 1, 2020, Eagle Company 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 Decem- ber 31 of each year from 2020 through 2023. Prepare an amortization table for this installment note like the one in Exhibit 10.12

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