Prepare the journal entry related to the notes payable for December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31, 2022 Interest Expense Cash eTextbook and Media List of Accounts Debit 23590 58601 Credit 82191 Grouper purchased a new piece of equipment to be used in its new facility. The $378,000 piece of equipment was purchased with a $41,000 down payment and with cash received through the issuance of a $337,000, 7%, 5-year mortgage payable issued on January 1. 2022. The terms provide for annual installment payments of $82,191 on December 31. (a) Your Answer Correct Answer Your answer is correct. Prepare an installment payments schedule for the five payments of the notes payable. (Round answers to O decimal places, e.g. 15,250.) Annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balanc Issue 33 Date 82191 $ 23590 58601 27 82191 19488 62703 21 82191 15099 67092 14