modifications: Reducing the principal obligation from $$3,970,000$ to $$3,176,000.$ Extending the maturity date from December $31,2025,$ to January $1,2029.$ Reducing the interest rate from $12\%$ to $10\%.$ Novak pays interest at the end of each year. On January $1,2029,$ Novak Company pays $$3,176,000$ in cash to American Bank. $38,548.)$ indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

$\backslash$begin$\{$tabular$\}\{$ccccc$\}$

$\backslash$hline Date & Account Titles and Explanation & Debit & Credit $\backslash \backslash$

December $31,2027$ & $\backslash (\backslash$square $\backslash )$ & & $\backslash \backslash$

& $\backslash (\backslash$square $\backslash )$ & & $\backslash \backslash$

$\backslash \backslash$

& $\{\backslash ([\backslash$square$]\backslash )\}$

$\backslash$end$\{$tabular$\}$ entered. Do not indent manually. List debit entry before credit entry.$)$

$\backslash$begin$\{$tabular$\}\{|$c$|$cc$|\}$

$\backslash$hline Date & Account Titles and Explanation & Debit

$\backslash$end$\{$tabular$\}$ Credit

December $31,2029$