A partial amortization schedule for a 10-year note payable issued on January 1, Year 1, is shown next: o. Using a financial statements model, record the appropriate amounts for the following two events: (i) January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. If the company earned $92,000 cash revenue and paid $60,000 in cash expenses in addition to the interest in Year 1 , what is the amount of each of the following? (i) Net income for Year 1. (2) Cash flow from operating activities for Year 1 . (3) Cash flow from financing activites for Year 1. c. What is the amount of interest expense on this loan for Year 4 ? Complete this question by entering your answers in the tabs below. Using a fleancial statements model, record the appropriate amounts for the following two events: (1) January 1, Year 1, lasue of the note payable. (2) Decem on the note payable. Noter In the Statement of Cish Flows column, indicote whether the item is an operating activity (OA), investing activity (IA), or linancing activity (YA) Not alf Amounts to be deducted and cash outflows should te indicated with a minus sign. Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1, Year 1, issue of the note payable. on the note payable. Note: In the Statement of Cash Flows column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity Amounts to be deducted and cash outflows should be indicated with a minus sign