Blossom Electronics issues a $404,500, 3%, 10-year mortgage note on December 31, 2021. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for annual installment payments, exclusive of real estate taxes and insurance, of $47,420. Payments are due on December 31. (a) Prepare an installment payments schedule for the first 4 years. (Round answers to O decimal places, e.g. 15,250.) Annual Interest Cash Payment Interest Expense Reduction of Principal Principal Ba Period Issue $ Date 1 $ 2 3 4