On December $31,2025,$ Wildhorse Company signed a $\backslash (\backslash$$ $1,290,500\backslash )$ note to Sheffield Bank. The market interest rate at that time was $11\backslash \%.$ The stated interest rate on the note was $\backslash (9\backslash \%\backslash ),$ payable annually. The note matures in $5$ years. Unfortunately, because of lower sales, Wildhorse's financial situation worsened. On December $31,2027,$ Sheffield Bank determined that it was probable that the company would pay back only $\backslash (\backslash$$ $774,300\backslash )$ of the principal at maturity. However, it was considered likely that interest would continue to be paid, based on the $\backslash (\backslash$$ $1,290,500\backslash )$ loan.

$($a$)$

Correct Answer $($Used$)$

Determine the amount of cash Wildhorse received from the loan on December $31,2025.($Round present value factors to $5$ decimal places, e$.$g$.0\mathrm{.}52513$ and final answer to $0$ decimal places, e$.$g$.5,275.)$

Amount of cash Wildhorse received from the loan $\backslash$$

$($b$)$

Prepare a note amortization schedule for Sheffield Bank up to December $31,2027.($Round answers to $0$ decimal places, e$.$g$.5,275.)$