A company sold an asset to another company on 1/1/2022. The book value of the asset on the date of sale was $14,000. The selling price is to be paid to the seller in three equal installments of $10,000 each the first of which is to be paid on the date of sale. The present value factor of an ordinary annuity of three equal payments at the implicit discount rate of 10% is 2.4869, and the present value of an ordinary annuity of two equal payments at the implicit discount rate of 10% is 1.7355. Requirement 1: Complete the following amortization schedule. Round to the nearest dollar. DO NOT use commas (,) nor dollar signs ($) when entering your answers. Date Cash Payment Interest Balance 1/1/2022 31/12/2022 31/12/2023 Requirement 2: On the income statement for the year ended December 31, 2022, the total effect of this transaction on income (ignoring income taxes) is Choose... in the amount of