PA10-9 (Supplement 10D) Generating an Amortization Schedule and Preparing Journal Entries (LO 10- S4) Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of $64,000 in its bank account. The note has a 3-year term, compounds 5 percent interest annually, and requires an annual installment payment on December 31. Cucina Corp. has a December 31 year-end and adjusts its accounts only at year-end. Required: 1. Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. 2. Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, (c) 2019, and (d) 2020. 3. If Cucina Corp.'s year-end were March 31, rather than December 31, prepare the adjusting journal entry would it make for this note on March 31, 2018? Complete this question by entering your answers in the tabs below. Required Required Required 1 2 3 Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. (Do not round intermediate calculations. Round final answers to nearest whole dollar.) Show less Beginning Repaid Ending Interest Principal Year Notes Notes Expense on Notes Payable Payable Payable 2018 2019 2020 Required 1 Required 2 > Journal entry worksheet 2 3 4 Record the signing of the installment note on January 1, 2018. Note: Enter debits before credits. General Journal Debit Credit Date Jan 01, 2018 Record entry Clear entry View general journal Journal entry worksheet