A partial amortization schedule for a 10-year note naushin i.a. inuary 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 $62,000 cash revenue and paid $45,000 in cash expenses in addition to the interest in Year 1 , what is the amount of each of the following? (1) Net income for 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. Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1, Year 1, issue of the note on the note payable. Note: In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing