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Check my work On December 31, 2020, Sack Port Ventures Inc. borrowed $90,000 by signing a four-year, 5% installment note. The note requires annual payments of accrued interest and equal amounts of principal on December 31 of each year from 2021 through 2024 a. How much principal will be included in each of the four payments? Amount of principal in each payment b. Prepare an amortization table for this installment note (Enter all the amounts as positive values.) Payments Notes Payable Cash Ending Balance Year Beginning Balance Interest Expense Ending 2021 2022 b. Prepare an amortization table for this installment note (Enter all the amounts as positive values.) Year Ending Beginning Balance Interest Expense Payments Notes Payable Cash Ending Balance w 2021 2022 2023 2024 Total 0 $ 0 $ 0 $ Check my work 8 c. Prepare journal entries that Sack Port Ventures Inc. would make to record the loan on December 31, 2020, and the four payments starting on December 31, 2021, through the final payment on December 31, 2024 View transaction list oints ellook Punt 1 Record the borrowal of $90,000 by signing a 5% installment note. References 2 Record the first installment payment 3 Record the second installment payment 4 Record the third installment payment. Credit 5 Record the fourth installment payment. Next