Problem 15-01A a-c (Video) Sheridan Electronics issues a $376,500, 3%, 15-year mortgage note on December 31, 2019. The proceeds from the note annual installment payments, exclusive of real estate taxes and insurance, of $44,137. Payments are due on December Prepare an installment payments schedule for the first 4 years. (Round answers to 0 decimal places, e.g. 15,250.) Annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance Issue Date 1 $ 2 3 4 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT December 31, 2019. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for nce, of $44,137. Payments are due on December 31. ad answers to 0 decimal places, e.g. 15,250.) uction of Principal Principal Balance