Lake Company sold some machinery to View Company on January 1, 2014, for which the cash selling price was $758,200. View entered into an installment sales contract with Lake at a 10% interest rate. The contract required payments of $200,000 a year over five years with the first payment due on December 31, 2014.

Required:
Prepare an amortization schedule that shows what portion of each $200,000 payment will be shown as interest income over the period 2014–2018.