This question is throwing me off

Check my work A partial amortization schedule for a 5-year note payable thot Mabry Company issued on January 1, Year 1, is shown as follows. Cash Accounting Period Year 1 Year 2 Year 3 Principal Balance January $134,000 111,610 87,205 Applied to Interest $12,860 10,045 7,848 Applied to Principal $22,390 24,405 26,602 34,450 34,450 Required a. What rate of interest is Mabry Company paying on the note? b. Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (1) January 1 Year 1 issue of the note payable. (2) December 31, Year 1 payment on the note payable c. If the company earned $86,200 cash revenue and paid $51720 in cash expenses in addition to the interest in Year 1, what is the amount of each of the following? (1) Net Income for Year 1 (2) Cash flow from operating activities for Year 1 (3) Cash flow from financing activities for Year 1. d. What is the amount of interest expense on this loan for Year 4? Complete this question by entering your answers in the tabs below. Required A Required B Required Required What rate of interest is Mabry Company paying on the note? Required 2. What rate of interest is Mabry Company paying on the note? b. Using a financial statements model like the one shown, record the appropriate amounts for the following two events (1) January 1, Year 1, Issue of the note payable. (2) December 31, Year 1, payment on the note payable. c. If the company earned $86,200 cash revenue and paid $51720 in cash expenses in addition to the interest in Year 1, what is the amount of each of the following? Net income for Year 1. (2) Cash flow from operating activities for Year 1, (3) Cash flow from financing activities for Year 1. d. What is the amount of Interest expense on this loan for Year 4? Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (Enter any decreases account balances and cash outflows with a minus sign. In the Cash Flows column, designate the cash flows as operating activities (OA). Investing activities (IA), ninancing activities (FA), or if there is no effect, leave the cell blank. Not all cells will require entry) (1) January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable Show less MADRY COMPANY Horizontal Statement Model Bounce Sheet Income Statement Lisbites Stockholders Revenue Equity Expense - Net Income Event No Statement of Cash Flow 2 A partial amortization schedule for a 5-year note payable that Mabry Company issued on January 1, Year 1. is shown as follows Accounting Period Year 1 Year 2 Year 3 Principal Balance Janua $134,000 111,610 87.205 Cash Payment $34,450 34,450 34,450 Applied to Interest $12,050 10,045 7,848 Applied to Principal $22,390 24,405 26,602 OK Required a. What rate of interest is Mabry Company paying on the note? b. Using a financial statements model like the one shown, record the appropriate amounts for the following two events (1) January 1, Year 1, Issue of the note payable, (2) December 31, Year 1, payment on the note payable. c. If the company earned $86,200 cash revenue and paid $51,720 in cash expenses in addition to the interest in Year 1, what is the amount of each of the following? (1) Net income for Year 1 (2) Cash flow from operating activities for Year 1 (3) Cash flow from financing activities for Year 1. d. What is the amount of interest expense on this loan for Year 4? nces Complete this question by entering your answers in the tabs below. Required A Required B Required Required D If the company earned $86,200 cash revenue and paid $51,720 in cash expenses in addition to the interest in Year 1, what is the amount of each of the following? (Cash outflows should be indicated with a minus sign.) Not income for Yeart (2) Cash flow from operating activities for Year 1 (3) Cash flow from financing activities for Year 1 A partial amortization schedule for a 5-year note payable that Mabry Company issued on January 1, Year 1. is shown as follows. Accounting Principal Applied to Applied to Period Balance January 1 Payment Interest Principal Year 1 $134,000 $34,450 $12,060 $22,390 Year 2 111,610 34,450 10,045 24,405 Year 3 87,205 34,450 7.848 26,602 Required a. What rate of interest is Mabry Company paying on the note? b. Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (1) January 1, Year 1, Issue of the note payable (2) December 31, Year 1 payment on the note payable. c. If the company earned $86,200 cash revenue and paid $51720 in cash expenses in addition to the interest in Year 1 what is the amount of each of the following? (1) Net Income for Year 1 (2) Cash flow from operating activities for Year 1, (3) Cash flow from financing activities for Year 1 d. What is the amount of Interest expense on this loan for Year 4? Complete this question by entering your answers in the tabs below. Required A Required Required Required What is the amount of interest expense on this loan for Year 47 (Round your answers to the nearest whole dollar amount.) response