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Aldarts Inc is looking to replace its old delivery truck which constantly breaks down. It just happens that one of its suppliers has a slightly

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Aldarts Inc is looking to replace its old delivery truck which constantly breaks down. It just happens that one of its suppliers has a slightly used delivery truck for sale Because Aldaris Ine has been doing business with this supplier for many years, the supplier offers Alden's a great deal. The supplier will sell the truck to Aidan's for $52,000 on January 1, 2020, and issue a 5-year installment note payable at 5% interest Installment payments of $5.941 are made semi-annually Do not enter dollar signs or commas in the input boxes, Bound all answers to the nearest whole.dollar Prepare a table to calculate the total interest paid over the life of the note. Note Due to rounding make the reduction of the principal in the last payment equal to the remaining principal balance. This will ensure the ending principal balance is $0 Date Cash Payment Interest Expense Reduction of Principal Principal Balance 1485 X Jun 30, 2020 5941 Jan 1 2021 5941 1821 x X Jun 30, 2021 5941 1638 x Jan 1 2022 5941 1451 X Jun 30, 2022 5941 1259 x Jan 1 2023 5941 1062 x 860 Jun 30,2023 5941 X 653 X Jan 1 2024 5941 X 440 Jun 30, 2024 5941 x 223 Dec 31, 2024 5941 X

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