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Required information Use the following information for the Exercises below. (Algo) [The following information applies...

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Accounting

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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions disployed beiow.] On January 1, 2021, Eagle Company borrows $30,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $8,857, 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 Prepore an amortization table for this installment note. (Round all amounts to the nearest whole dollar.)

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