Problem 7-8 On December 31, 2017, Buffalo Inc. rendered services to Beghun Corporation at an agreed price of $122,459, accepting $48,000 down and agreeing to accept the balance in four equal installments of $24,000 receivable each December 31, An assumed interest rate of 11% is imputed Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes. (Round answers to 0 decimal places, e.g. 5,275.) December 31, 2017 Schedule of Note Discount Amortzation Cash Received Interest Revenue Carrying Amount of Note Date 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 SHOW LIST OF ACCOUNTS LINK TO TEXT