$100,000, 5-year, 10% note for the balance. The note is to be paid off in five annual payments beginning QUESTION #10 Shea Lid purchased two new trucks for $112.000 on December 31, 2025. Shea paid $12,000 down and signed a Prepare an amortization table using the format below. Beginning-of-year Interest Expense for Principal Payment principal balance the period each period Year End-of-period principal balance Prepare the journal entries required for 2025 and 2026. Prepare the journal entries required for 2027. 20 QUESTION #11 Notes Payable Brighton Corporation purchased two new delivery vans for $112,000 on December 31, 2025. Brighton paid payments beginning December 21, 2026. Assume the installments are to consist of equal amounts of principal plus accrued interest. Prepare the journal entries to record (a) the purchase and (b) the second installment on December 31, 2027. a) b) QUESTION #12 EQUITY INVESTMENT Par I". ABC Company purchased 1,000 shares of Apple Inc. for $40 per share plus a brokerage fee of $400. Prepare the journal entry required to record this transaction on the books of ABC Company. Jan 30h, Apple Inc. declared a $0.75 per share dividend. Feb 10h, ABC receive a cheque in payment for the Dividend declared on January 30th. QUESTION #12 EQUITY INVESTMENT Par I". ABC Company purchased 1,000 shares of Apple Inc. for $40 per share plus a brokerage fee of $400. Prepare the journal entry required to record this transaction on the books of ABC Company. Jan 30h, Apple Inc. declared a $0.75 per share dividend. Feb 10h, ABC receive a cheque in payment for the Dividend declared on January 30th