On January $1,$$$36,000$ cash is borrowed from a bank in return for a $12\%$ installment note with $36$ monthly

payments of $$1,196$ each.

$(1)$ Prepare an amortization table for the first three months of this installment note.

$(2)$ Record the entry for issuance of the note.

$(3)$ Record the entry for the first interest payment and for the second interest payment.

Complete this question by entering your answers in the tabs below.

Required $1$

Prepare an amortization table for the first three months of this installment note.

Note: Round your answers to the nearest whole dollar.