Recording Entries for an Installment Note Payable

accounting year$-$end for the borrower$).$

Required

Note: Round your answer to the nearest whole dollar.

a$.$ Compute the cash received by the borrower.

b$.$ Prepare a debt amortization schedule.

Note: Round each amount in the table to the nearest whole dollar.

Note: Use a negative sign for the "Reduction in N$.$P$."$ amounts.c$.$ Provide the required entries for the borrower for the issuance of the note on January $1,$ Year $1,$ and the interest payments on December $31$ of Year $1,$ Year $2,$ and Year $3.$ Note: Round your answer to the nearest whole dollar.

$\backslash$table$[[$Date$,$Account Name,Dr$.,$Cr$.],[$Jan$.1,$ Year $1,$v$,,],[vv,,],[$To record issuance of note.,,$],[$Dec$.31,$ Year $1,$v$,,],[vv,,],[$v$,,],[$To record interest payment.,,$],[$Dec$.31,$ Year $2,$v$,,],[$v$,,],[vv,,],[$To record interest payment.,,$],[$Dec$.31,$ Year $3,vv,,],[$v$,,],[$v$,,],[$To record interest payment.,,$]]$