Question: On January 1 , 2 0 2 1 , Eagle Company borrows $ 3 4 , 0 0 0 cash by signing a four -

On January 1,2021, Eagle Company borrows $34,000 cash by signing a four-year, 5% installment note. The note requires four equal payments of $9,588, consisting of accrued interest and principal on December 31 of each year from 2021 through 2024.
Exercise 10-12(Algo) Installment note amortization table LO C1
Prepare an amortization table for this installment note.
Note: Round all amounts to the nearest whole dollar.

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