Saved Help Save & On November 30, 2020, Calla Resources Ltd. borrowed $180,000 from a bank by signing a four-year installment note bearing interest at 8%. The terms of the note require equal payments each year on November 30, starting November 30, 2021. Use TABLE 14A.2 (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the size of each installment payment. (Do not round intermediate calculations. Round the final answer to the nearest whole dollar.) Payment 2. Complete an installment note amortization schedule for this note. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) Payments Period Interest Expense Period Ending Beginning Balance Debit Notes Payable Credit Cash Ending Balance Nov. 30/21 Nov. 30/22 Nov. 30/23 0 Nov 30/24 $ 0 $ 0 0 $ Totals 4 of 7