Required information Problem 9-2A (Algo) Prepare amortization schedule and record installment notes (LO9-2) [The following information applies to the questions displayed below] On January 1,2024, Cicero Corporation borrowed $6 miltion from a local bank to construct a new building over the next three years. The loan will be paid back in three equal installiments of $2,286,310 on December 31 of each year. The pryments include interest at a rate of 7%. Problem 9.2A (Algo) Part 1 Required: 1. Record the cash recelved when the note is issued, uf no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field, Enter your answer in dollars, not millions (i.e., $5.5 million should be entered as 5,500,000)