Question: On January 1, 2016, Belden, Inc issued long-term notes payable for 50000. The note payable dir 50000. yhe note willbe paid over 10 years with

On January 1, 2016, Belden, Inc issued long-term notes payable for 50000. The note payable dir 50000. yhe note willbe paid over 10 years with payments of 5000 plus 12% interest due each year January1, begining january 1, 2017. Prepare the amortization schedule for the first three payments.

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