A partial amortization schedule for a 10 year note payable issued on January 1, Year 1. a. Using A financial statements model like the one shown next, Record the appropriate amount of the following to events:

1. January 1, Year 1, Issue of the note payable.

2. December 31, Year 1, payment on the note payable

a. Using a financial statements model like the one shown next, record the appropriate amounts for the following two events: () January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. If the company earned $64,000 cash revenue and paid $46,000 in cash expenses in addition to the interest in Year 1, what is the amount of each of the following? (1) Net income for Year1 (2) Cash flow from operating activities for Year 1 (3) Cash flow from financing activitie for Year 1. c. What is the amount of interest expense on this loan for Year 4? Complete this question by entering your answers in the tabs bel Required A Required B1 Required 82 Required 83 Required C Using a financial statements model like the one shown next, record the appropriate amounts for the following two events: (1) January 1, Yea the note payable. (2) December 31, Year 1 operating activ ccount alans with or mstngtivity, FA for financing activity and NA to indicate the element is not affected by the event. Enter any de , payment on the note payable. (In the Statement of Cash Flows column, use the initials OA to de account balances with a minus sign.) a. Using a financial statements model like the one shown next, record the appropriate amounts for the following two events: () January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. If the company earned $64,000 cash revenue and paid $46,000 in cash expenses in addition to the interest in Year 1, what is the amount of each of the following? (1) Net income for Year1 (2) Cash flow from operating activities for Year 1 (3) Cash flow from financing activitie for Year 1. c. What is the amount of interest expense on this loan for Year 4? Complete this question by entering your answers in the tabs bel Required A Required B1 Required 82 Required 83 Required C Using a financial statements model like the one shown next, record the appropriate amounts for the following two events: (1) January 1, Yea the note payable. (2) December 31, Year 1 operating activ ccount alans with or mstngtivity, FA for financing activity and NA to indicate the element is not affected by the event. Enter any de , payment on the note payable. (In the Statement of Cash Flows column, use the initials OA to de account balances with a minus sign.)