A partial amortization schedule for a 5-year note payable that Mabry Company Issued on January 1, Year 1, is shown as follows. Accounting Period Year 1 Year 2 Principal Balance January 1 $139,000 Cash Payment Applied to Applied to Interest Principal $35,736 $12,510 Year 3 115,774 90,458 35,736 10,420 35,736 8,141 $23,226 25,316 27,595 Required a. What rate of interest is Mabry Company paying on the note? b. Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (1) January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable. c. If the company earned $95,300 cash revenue and paid $57,180 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? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D What rate of interest is Mabry Company paying on the note? Rate of interest Required B >