aut 34 Check my work Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of $61000 in its bank account. The note has a 3-year term, compounds 4 percent interest annually, and requires an annual Installment payment on December 31. Cucina Corp has a December 31 year-end and adjusts its accounts only at year-end. Required: 1. Use an online application, such as the loan calculator with annual payments at mycalculator.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable, 2. Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, (c) 2019, and (d) 2020 3. If Cucina Corp's year-end were March 31, rather than December 31, prepare the adjusting journal entry would it make for this note on March 31, 2018? BOOK Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. (Do not round Intermediate calculations. Round final answers to nearest whole dollar.) Show less Year Beginning Notes Payable Interest Expense Repaid Principal on Notes Payablo Ending Notes Payable 2018 2019 2020 M aut 34 Check my work Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of $61000 in its bank account. The note has a 3-year term, compounds 4 percent interest annually, and requires an annual Installment payment on December 31. Cucina Corp has a December 31 year-end and adjusts its accounts only at year-end. Required: 1. Use an online application, such as the loan calculator with annual payments at mycalculator.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable, 2. Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, (c) 2019, and (d) 2020 3. If Cucina Corp's year-end were March 31, rather than December 31, prepare the adjusting journal entry would it make for this note on March 31, 2018? BOOK Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. (Do not round Intermediate calculations. Round final answers to nearest whole dollar.) Show less Year Beginning Notes Payable Interest Expense Repaid Principal on Notes Payablo Ending Notes Payable 2018 2019 2020 M