Question: BACK FULL SCREEN PRINTER VERSION NEXT Question 3 Assad Inc. issued a five-year, 9% instalment note payable, with fixed principal payments plus interest, due annually.

BACK FULL SCREEN PRINTER VERSION NEXT Question 3 Assad Inc. issued a five-year, 9% instalment note payable, with fixed principal payments plus interest,

BACK FULL SCREEN PRINTER VERSION NEXT Question 3 Assad Inc. issued a five-year, 9% instalment note payable, with fixed principal payments plus interest, due annually. The following instalment payment schedule is partially completed: Fill in the missing amounts. Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance $30,000 Issue date 1 $8,700 s 24,000 N 8,160 2,160 1,620 7,080 1,080 6,000 un 6,540 540 LINK TO TEXT What are the current and non-current portions of the note at the end of period 3? Current portion Non-current portion * Question 4 Hyatt Inc. issued a five-year, 7% instalment loan payable, with blended principal and interest payments due annually. The following instalment payment schedule is partially completed: Fill in the missing amounts. (Round answers to 0 decimal places, e.g. 5,275.) Interest Period Issue date Cash Payment Interest Expense Reduction of Principal Principal Balance S51,000 1 $12,439 $ $ 8,869 42,131 2 2,949 32,641 3 10,154 4 1,574 11,622 5 817" 11,622 *Adjusted for rounding differences. What are the current and non-current portions of the loan at the end of period 3? (Round answers to 0 decimal places, e.g. 5,275.) Current portion Non-current portion

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