$On$ January $1,2025,$ Saugatuck Company borrowed $$900000$ for $5$ years $at1\%$ interest. The loan requires $5$ annual payments $of$ $$185435\mathrm{.}82$ due $on$ December $31$ each year. Round all calculations $to$ the penny $(2nd$ decimal place$).$

Complete the amortization schedule for this loan.

Note: Due $to$ rounding, you may have $to$ slightly adjust the interest $in$ the final payment.

$2$: Prepare the journal entry $to$ record the loan $at$ inception $on$ Jan $1,2025.If$ more than one debit $or$ credit $is$ needed, place them $in$ alphabetical order based $on$ the account names. Round final answers $to$ the second decimal place $(ieto$ the penny$).$

$3$: Prepare the journal entry $to$ record the payment $on$ Dec $31,2025.If$ more than one debit $or$ credit $is$ needed, place them $in$ alphabetical order based $on$ the account names. Round final answers $to$ the second decimal place $(ieto$ the penny$).$

$4$: Prepare the journal entry $to$ record the payment $on$ Dec $31,2026.If$ more than one debit $or$ credit $is$ needed, place them $in$ alphabetical order based $on$ the account names. Round final answers $to$ the second decimal place $(ieto$ the penny$).$