Exercise $7-10$A $($Algo$)$ Amortization of a long$-$term loan LO $7-5$

A partial amortization schedule for a $5-$year note payable that Mabry Company issued on January $1,$ Year $1,$ is shown as follows.

$\backslash$table$[[$Accounting$,$Principal,Cash,Applied to$,$Applied to$],[$Period$,$Balance January $1,$Payment,Interest,Principal$],[$Year $1,$$$134,000,$$$33,561,$$$10,720,$$$22,841$