"Complete an Amortization Schedule To continue your analysis of facility expenditures, you want to complete an amortization table detailing payment, principal, interest, cumulative principal, and cumulative interest.

Ensure that the New_Construction worksheet is active Enter a reference in cell B12 to the beginning loan balance. Enter a reference in cell C12 to the payment amount. Enter a function in cell D12 based on the payment and loan details that calculates the amount of interest paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references. All results should be formatted as positive numbers. Enter a function in cell E12 based on the payment and loan details that calculates the amount of principal paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references and ensure the results are positive. Enter a formula in cell F12 to calculate the remaining balance after the current payment. The remaining balance is calculated by subtracting the principal payment from the balance in column B. Enter a function in cell G12 based on the payment and loan details that calculates the amount of cumulative interest paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references and ensure the results are positive. Enter a function in cell H12 based on the payment and loan details that calculates the amount of cumulative principal paid on the first payment. Be sure to use the appropriate absolute, relative, or mixed cell references. All results should be formatted as positive numbers. Enter a reference to the remaining balance of payment 1 in cell B13. Use the fill handle to copy the functions created in the prior steps down to complete the amortization table. Expand the width of columns D:H as needed. Save the workbook."