Exercise 10-14 (Algo) Monthly installment note amortization table LO C1 On January 1, $38,000 cash is borrowed from a bank in return for a 12% installment note with 36 monthly payments of $1,262 each. (1) Prepare an amortization table for the first three months of this installment note. (2) Record the entry for issuance of the note. (3) Record the entry for the first interest payment and for the second interest payment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an amortization table for the first three months of this installment note. Note: Round your answers to the nearest whole dollar. Payments Period Ending (A) Beginning Date January 31 February 28 Balance. (B) Debit Interest Expense (C) Debit Notes Payable (D) Credit Cash (E) Ending Balance $ 38,000 March 31