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6. (10 points) Bonneau company purchased two new delivery vans for a total of $250,000 on January 1, 2023. The company paid $40,000 cash and
6. (10 points) Bonneau company purchased two new delivery vans for a total of $250,000 on January 1, 2023. The company paid $40,000 cash and signed a $210,000,3-year, 8% note for the remaining balance. The note is to be paid in three equal annual end-of-year payments, with the first payment on December 31, 2023. Each payment includes interest on the unpaid balance plus principal. a) Prepare a note amortization table using the format below
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