Question: Exercise 14-12 Installment note amortization table LO C1 On January 1, 2019, Eagle Company borrows $100,000 cash by signing a four-year, 7% installment note. The

Exercise 14-12 Installment note amortization table LO C1 On January 1, 2019, 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 December 31 of each year from 2019 through 2022 Prepare an amortization table for this installment note. Payments ) (9) Debil Interest Debit Notes Expense Payable IA Beginning Balance Period Ending Date 2019 Credit Cash Ending Balance 2020 2021 2022 Total 0 0

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