4. (15 points) Your firm, Huiyang Li Salt Company, has taken out a bank loan for $2.000.000 at an interest rate of 6% and a maturity of 2 years. You will make 24 equal monthly payments at the end of each month, thus this is an amortized loan. Create an amortization table for this loan and record only the first two (2) months of the amortization schedule. Monthly Payment: Amortization table: Month Payment 1 $ Interest Payment of Principal Principal Balance 2 S a After one-year, Huiyang Li Salt Company wishes to prepay the loan. It has already made 12 monthly payments. Given that there are no pre-payment penalties, what is the remaining balance on the loan (payoff amount)? Remember, Huiyang Li has 12 monthly payments remaining