A partial amortization schedule for a 5-year note payable that Mabry Company issued on January 1, 2018, is shown as follows. Accounting. Principal Period Balance January 1 2018 $112,000 2019 92,524 2020 71,685 Cash Payment $27, 316 27, 316 27,316 Applied to Applied to Interest Principal $7,840 $19,476 6,477 20,839 5,018 22,298 Required a. What rate of interest is Mabry Company paying on the note? Rate of interest (1) January 1, 2018, issue of the note payable. (2) December 31, 2018, payment on the note payable. MABRY COMPANY Horizontal Statements Model Balance Sheet Income Statement Liabilities + Stockholder's Revenue - Expense = Net Income Equity Event No. Statement of Cash Flow Assets = c. If the company earned $82,100 cash revenue and paid $49,260 in cash expenses in addition to the interest in 2018, what is the amount of each of the following? (Cash outflows should be indicated with a minus sign.) (1) Net income for 2018 (2) Cash flow from operating activities for 2018 (3) Cash flow from financing activities for 2018 d. What is the amount of interest expense on this loan for 2021? (Round your answers to the nearest whole dollar amount.) Interest expense