Mar. 1, 2018 Dec. 1. 2018 Dec. 31, 2018 Dec. 31, 2018 Jan. 1, 2019 Borrowed $180,000 from Milton Bank. The nine-year, 5% note requires payments due annually, on March 1. Each payment consists of $20,000 principal plus one year's interest. Mortgaged the warehouse for $600,000 cash with Sammon Bank. The mortgage requires monthly payments of $6,000. The interest rate on the note is 9% and accrues monthly. The first payment is due on January 1, 2019 Recorded interest accrued on the Sammon Bank note. Recorded interest accrued on the Milton Bank note. Paid Sammon Bank monthly mortgage payment. Paid Sammon Bank monthly mortgage payment. Paid Sammon Bank monthly mortgage payment. Feb. 1, 2019 Mar. 1, 2019 Mar. 1, 2019 Paid first installment on note due to Milton Bank, Requirement 2. Prepare the liabilities section of the balance sheet for Emergency Pharmacies on March 1, 2019 after all the journal entries are First, prepare an amortization schedule for the Sammon Bank mortgage to March 1, 2020. Prepare the schedule for the first three payments, the Review the related journal entries you prepared in Requirement 1. Beginning Principal Interest Total Ending Balance Payment Expense Payment Balance 12/01/2018 1/01/2019 2/01/2019 3/01/2019 4/01/2019 5/01/2019 6/01/2019 7/01/2019 8/01/2019 9/01/2019 10/01/2019 11/01/2019 12/01/2019 Interest Beginning Balance Total Principal Payment Expense Ending Balance Payment 12/01/2018 1/01/2019 2/01/2019 3/01/2019 4/01/2019 5/01/2019 6/01/2019 7/01/2019 8/01/2019 9/01/2019 10/01/2019 11/01/2019 12/01/2019 1/01/2020 2/01/2020 a l64 /hhhh Now prepare the liabilities section of the balance sheet for Emergency Pharmacies on March 1, 20 Review the amortization schedule you prepared above. Emergency Pharmacies Balance Sheet (Partial) March 1, 2019 Liabilities