12. Installment Note Payable (Est. 12 points) 5% installment to end of each year beginning Decem tal 2017 a company borrowed cash to support its operations by issuing a $300.00 instament note to be paid in three equal payments (including princip and interest) at the ber 31. You may round all amounts to the nearest SI if ie (1) Calculate the of this note. Show your calculation. or bisinrolate the amout of the intalment payment required to faciliate the repayment payment 2) Prepare the journal entry to be recorded when the installment note is issued on January 1, 2017. (3) Prepare an amortization schedule for the installment note in good form: Cash Payment testBalance Effective Decrease in Balance 12/31/17S 12/31/18 S 12/31/19$ S 0.00 Total