4 On January 1, 2024, Evanston Corporation borrowed $10 million from a local bank to construct a new building over the next three years. The loan will be paid back in three equal installments of $3,880.335 on December 31 of each year. The payments include interest at a rate of 8% Problem 9-2A (Algo) Part 2 2. Prepare an amortization schedule over the three-year life of the installment note (Round your final answers to the nearest dollar amount.) Answer is complete but not entirely correct. 0000 Date Cash Paid Interest Expense 1/1/2024 12/31/2024 Change in Carrying Value Carrying Value 10,000,000 ( $ 10,000,000 5 500,000 12/31/2025 12/31/2026 6,919,665 O 553,573 O 3.592.903 O 287.432 3,592.903 $ 3.800.335 6,919,665 3.326.7623.592.903 0