Problem 10-5A (Part Level Submission) Talkington Electronics issues a $350,000, 6%, 10-year mortgage note on December 31, 2016. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for annual installment payments, exclusive of real estate taxes and insurance, of $47,554. Payments are due on December 31. (a) Prepare an installment payments schedule for the first 4 years. (Round answers to o decimal places, e.g. 15,250.) Cash Payment Interest Expense Reduction of Principal Principal Balance Annual Interest Period Issue Date SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Attempts: o of 5 used