Help Exercise 10-10 Installment note with equal total payments LO C1 On January 1, 2017 Eagle bom s $22,000 cash by signing a four-year 6% nstallment note. The noter quires fo $6.349, consisting of accrued interest and principal on December 31 of each year from 2 8.3, and Table B.4) (Use appropriate factors) from the tables provided.) Prepare an amortization table for this installment note. equal payments of 17 through 2020. (Table B1i Table 8.2. Table Payments Period Ending Beginning Debit Interest Debit Notes Credit Expense Ending Date 2017 2018 2019 2020 Total Payable Cash Balance 22,000 6,349 $6,349 6,349 6,349 15,651 22,000$25,306 15,65 22,000 $ Prey 1 of 1 Next MC Qu. 110 On January 1... On January 1, Parson Freight Company issues 7% 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannually. The market rate of interest is 8% and the bond selling price was $1,864,097 The bond issuance should be recorded as