8 Problem 10-6A Installment notes LO C1 On November 1, 2017, Norwood borrows $450,000 cash from a bank by signing a five-year installment note bearing 8% interest. The note requires equal payments of $112,706 each year on October 31. Table B1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) points Skipped Required: 1. Complete an amortization table for this installment note 2. Prepare the journal entries in which Norwood records the following: (a) Accrued interest as of December 31, 2017 (the end of its annual reporting period). (b) The first annual payment on the note eBook Print Complete this question by entering your answers in the tabs below References Req1 Req 2A and 2B Complete an amortization table for this installment note. (Round your intermediate calculations to the nearest dollar amount.) Ending Balance Period Ending Beginning Debit Interest Debit Notes - Credit Cash Date Balance Expense Payable 10/31/2018 S 450,000 10/31/2019 10/31/2020 10/31/2021 10/31/2022 Total Req 1 Req 2A and 2B>