A partial amortization schedule for a 10 year note payable issued on January 1 Yeat 1, is shown next a. Using a financial statements model, record the appropriale amounts for the following hwo events: (7) Janoary 1 , Year 1 , issue of the note payoble (2) Decemter 31, Year 1, paymen on the note payoble b. if the company earned $75,000 cash reverue and paid $50,000 in cath expenses in addition to the interest in Year 1 , what is the amount of each of the following? (1) Net income for Year 1 (20) Cash flow from operating activities for Year 1 (i) Cash flow from financing activites for Year 1 c. What is the amount of imerest expense on this loan for Year A? Conplete thas punstion ler entering vour atiwers di tha talso below. A partial amortization schedule for a 10-year note payable issued on January 1, Year 1, is shown next 0. Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1, Year 1 , issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. If the company eamed $75,000 cash revenue and paid $50,000 in cash expenses in addition to the interest in Year 1 , what is the amount of each of the following? (3) Net income for Year 1. (2) Cash flow from operating activities for Year 1. (3) Cash flow from financing activities 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 below. If the compary earned $75,000 cash revenue and paid $50,000 in cash expenses in addition to the interest in Year 1, what is the amount of Net income for Year 1 ? A partial amortization schedule for a 10 -year note payable issued on January 1 , Year 1 , is shown next: o. Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable b. If the company earned $75,000 cash revenue and paid $50,000 in cash expenses in addition to the interest in Year 1 , what is amount of each of the following? (1) Net income for Year 1. (2) Cash flow from operating activities for Year 1 (3) Cash flow from financing activities 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 below. If the company earned $75,000 cash revenue and paid $50,000 in cash expenses in addition to the interest in Year 1 , what is the amount of Cash flow from operating activities for Year 1 ? Note: Amounts to be deducted and cash outflows should be indicated with minus sign. A partial amortization schedule for a 10 -year note payable issued on January 1 , Year 1 , is shown next: o. Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. If the company earned $75,000 cash revenue and paid $50,000 in cash expenses in addition to the interest in Year 1 , what amount of each of the following? (1) Net income for Year 1. (2) Cash flow from operating activities for Year 1. (3) Cash flow from financing activities 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 below. If the company eamed $75,000 cash revenue and paid $50,000 in cash expenses in addition to the interest in Year 1 , what is the amount of Cash flow from financing activities for Year 1 ? Note: Amounts to be deducted should be indicated with minus sign. A partial amortization schedule for a 10-year note payable issued on January 1 , Year 1 , is shown next: a. Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1. Year 1. issue of the note payable. (2) December 31, Year 1, payment on the note payable b. If the company earned $75,000 cash revenue and paid $50,000 in cash expenses in addition to the interest in Year 1 , what amount of each of the following? (1) Net income for Year 1. (2) Cash flow from operating activities for Year 1. (3) Cash flow from financing activities for Year 1. c. What is the amount of interest expense on this loan for Year 4 ? Complete this question by enteriny your answers in the tabs below. What is the amount of interest expense on this loan for Year 4 ? Noter Round your answar to the nearest dollar amount