Question: On December 3 1 , 2 0 2 5 , Waterway Inc. rendered services to Beghun Corporation at an agreed price of (

On December 31,2025, Waterway Inc. rendered services to Beghun Corporation at an agreed price of \(\$ 118,887\), accepting \(\$ 46,600\) down and agreeing to accept the balance in four equal installments of \(\$ 23,300\) receivable each December 31. An assumed interest rate of \(11\%\) is imputed.
Your answer is partially correct.
Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes. (Round answers to 0 decimal places, e.g.5,275.)
 On December 31,2025, Waterway Inc. rendered services to Beghun Corporation at

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