6. Your company has just got a $100,000 commercial loan from the Chase Bank. The loan has 3-year maturity with the APR of 8%. Create an amortization schedule for the loan Year Interest at 8% on Balance Owing Annual Payment Principal Reduction Balance Owing 0 $100,000 1 $38,803 2 $38,803 3 $38,803 $0 7. Using +/ , show the financial statement effects for the payment of the third installments. Third installment: Interest expense in I/S: Cash in B/S: LTD in B/S: Retained earnings in B/S: