A partial amortization schedule for a 5-year note payable that Mabry Company issued on January 1, Year 1, is shown as follows. Required: a. What rate of interest is Mabry Company paying on the note? b. Using a financial statements model, record the oppropriate amounts for the following two events: (1) January 1 , Year 1 , issue of the note payoble. (2) December 31, Year 1, payment on the note payable. c. If the company earned $94,000 cash revenue and paid $56,400 in cash expenses in addition to the interest in Year 1, what is the amount of each of the following? (1) Net income for Year 1 . (2) Cash flow from operating activities for Year 1 . (3) Cash flow from financing activities for Year 1. d. What is the amount of interest expense on this loan for Year 4