onment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Problem 10-12A (Part Level Submission) Lavere purchased a new piece of equipment to be used in its new facility. The $360,000 piece of equipment was purchased with a $54,000 down payment and with cash received through the issuance of a $306,000, 6%, 5-year mortgage payable issued on January 1, 2017. The terms provide for annual installment payments of $72,643 on December 31. (a) Prepare an installment payments schedule for the first five payments of the notes payable. (Round answers to o decimal places, .0. 125.) Annual Cash Interest Reduction Principal Interest Period Payment Expense of Principal Balance Issue Date Amount may be off due to rounding. Click if you would like to show Work for this question: Open Show Work Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER ved. A fon s oles om/edugen/share/assignment/testaglistunitidsint 18963OTEN104 e to search