On December $31,2025,$ Novak Inc. rendered services to Beghun Corporation at an agreed price of $$115,826,$ accepting

$$45,400$ down and agreeing to accept the balance in four equal installments of $$22,700$ receivable each December $31.$ An assumed

interest rate of $11\%$ is imputed.

$($a$1)$

Prepare an amortization schedule. Assume that the effective$-$interest method is used for amortization purposes. $($Round answers

to $0$ decimal places, e$.$g$.5,275.)$