Laura Grey has just approached a venture capitalist for financing for her new business venture, the development of a local ski hill. On July 1, 2021, Laura was loaned $196,000 at an annual interest rate of 5%. The loan is repayable over 5 years in annual installments of $45,271, principal and interest, due each June 30. The first payment is due June 30, 2022. Laura 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, 2021-2026. (Round answers to decimal places, e.g. 125.) Period Cash Payment Interest Expense Principal Reduction Balance July 1, 2021 $ $ $ $ June 30, 2022 June 30, 2023 June 30. 2024 June 30, 2025 June 30, 2026 Total $ $ $ $ $