Cucina Corp signed a new installment note on January 1, 2018, and deposited the proceeds of $55,000 in its bank account. The note has a 3-year term compounds 6 percent interest annually , and requires an annual installment payment on December 31. Cucina Corp. has a December 31 year-end and adjusts its accounts only at year-end Required: 1. Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings. Year Beginning Notes Payable, Interest Expense Repaid Principal on Notes Payable and Ending Notes Payable 2. Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, () 2019 and (c) 2020 3. If Cucina Corp.s year end were March 31, rather than December 31, prepare the adjusting journal entry would it make for this note on March 31, 2018? . No Date Debit Credit 1 Jan 01, 2018 General Journal Cash Notes Payable (short-term) 55,000 SIX E 55,000 2 Dec 31, 2018 3,300 Interest Expense Interest Payable Notes Payable (short-terrn) Interest Payable Cash >XX 3,300 17,276 % 3,300 x 20,576 3 Dec 31, 2019 2.263 2.263 Interest Expense Interest Payable Notes Payablo (short-term) Interest Payable Cash 18,313 X 2 263 X 20,576 4 Dec 31, 2020 Interest Expense Interest Payable 1.165 1.165 X Notes Payable (short-term) Interest Payable Cash 172763 3.300 20.576 3 Dec 31, 2019 2263 2.263 Interest Expense Interest Payable Notes Payable (short-term) Interest Payable Cash 18 313 2.263 83 20,575 4 Dec 31, 2020 1.165 1.165 Interest Expense Interest Payable Notes Payable (long-term) Interest Payable Cash 19,4113 1.165 20 576 arch O 5