A company purchased two new delivery vans for a total of $250,000 on January 1, Year 1. 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 annual end-of-year payments of $81,487 cach, with the first payment on December 31, Year 1. Each payment includes interest on the unpaid balance plus principal. a. Prepare a note amortization table using the format below: Beginning Balance Debit Interest Expense Debit Notes Payable Credit Cash Period Ending Date 12/31/Xr 1 12/31/Xr 2 12/31/Xr 3 Ending Balance b. Prepare the journal entries to record the purchase of the vans on January 1, Year 1 and the first and second annual installment payments on December 31, Year 1 and Year 2. Date Account Titles and Explanation P. R. Debit Credit