Hetty Grey has just approached a venture capitalist for financing for her new business venture, the development of a local ski hill. On July 1, 2016, Hetty was loaned $165,000 at an annual interest rate of 7%. The loan is repayable over 5 years in annual installments of $40,242, principal and interest, due each June 30. The first payment is due June 30, 2017. Hetty uses the effective-interest method for amortizing debt Her ski hill company's year-end will be June 30. (a) Prepare an amortization schedule for the 5 years, 2016-2021. (Round answers to 0 decimal places, e.g. 125.) Cash Interest Period Principal Balance Payment Expense Reduction July 1, 2016 $ $ $ $ June 30, 2017 June 30, 2018 June 30, 2019 June 30, 2020 June 30, 2021 Total $ Amount may be off due to rounding