Use the following information for the Quick Studies below. (Algo) Skip to question [The following information applies to the questions displayed below.] On January 1, MM Company borrows $410,000 cash from a bank and in return signs an 4% installment note for five annual payments of $92,097 each. QS 10-15 (Algo) Financial statement impact of note transactions LO C1 Analyze transactions involving issuance of the note and its first annual payment, by showing their effects on the accounting equationspecifically, identify the accounts and amounts (including + or ) for each transaction