Use the following information to answer the next two (2) questions. Throckmorton Company purchased new machinery for use in its business on December 1 for $270,000. Throckmorton paid $60,000 in cash and signed a 4-year note payable for the balance, with payments to be made monthly beginning December 31. Assume Throckmorton's interest rate is 6%, what is the amount of the required monthly payment? a. $4,374 b. $4,932 $5,049 d. $5,427 e. none of the above Assume instead that Throckmorton is considered a high risk customer by the lender; consequently the interest rate on the note is 12% and the required monthly payment is $5,530, what amount will Throckmorton report as the liability for this note on its December 31 balance sheet? (A blank loan amortization schedule is provided at the end of this problem for you to use if you choose.) a. $203,109 b. c. $205,818 d. $206,570 56. $204,470 e. none of the above