Please help me

Current Attempt in Progress On December 31, 2020, Green Bank enters into a debt restructuring agreement with Splish Brothers Inc., which is now experiencing nancial trouble. The bank agrees to restructure a $1.8million, 12% note receivable issued at par by the following modications: 1. Reducing the principal obligation from $1.8 million to $1.44 million 2. Extending the maturity date from December 31, 2020, to December 31, 2023 3. Reducing the interest rate from 12% to 10% Splish Brothers pays interest at the end of each year. On January 1, 2024, Splish Brothers Inc. pays $1.44 million in cash to Green Bank for the principal. The market rate is currently 10%. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. I Your answer is partially correct. Prepare the amortization schedule of the note for Splish Brothers after the debt restructuring. SPLISH BROTHERS INC. INTEREST PAYMENT SCHEDULE AFTER DEBT RESTRUCTURING EFFECTIVE INTEREST RATE Reduction of Carrying Cash Effective Carrying Amount Interest Interest Amount of Note $ 1372000 $ 144000 1728000 $ 144000 $ 144000 144000 $ 432000 $ 144000 1584000 144000 1440000 Ill 1 Hill Hill