CALGATO PRINT VERSION RACK Problem 10-07A a-c (Part Level Submission) Splish Brothers Inc. issues a $446,000,7%, 10-year mortgage note on December 31, 2019. 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 $63,500. Payments are due on December 31. (a) Prepare an installment payments schedule for the first 4 years. (Round answers to decimal places, e.g. 15,250.) Annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance Issue Date 1 s 2 3 4 Attempts: 0 of 2 used SAVEROLA SUBMIT ANSVER (b) The parts of this question must be completed in order. The part will be available when you complete the part above (C) The parts of this question must be completed in rde. This part bevable when you complete the art above