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Code ABCDE Normal Aa Bbc DE ABDCD te AaB Heading 1 No floating #5 Problem 7-08 Zero-interest installment notes receivable On December 31, 2020, Oakbrook Inc. rendered services to Beghun Corporation at an agreed price of $102,049, accepting a $40,000 down payment and the balance in four equal installments of $20,000 receivable each December 31. An assumed interest rate of 11% is imputed. Instructions: Complete the note amortization table. Cash Received Interest Revenue Discount Amortization Discount Balance Carrying Value Date Instructions: Journalize the transactions for the note origination, interest recognition, and the note collection at maturity. Debit Credit Account Focus Date