B. Your company has a $300,000, 5-year, 8% note receivable which requires annual payments of principal and interest on October 1 each year. 1. How much are the annual payments? Show your calculations 2. How much of the $300.000 should be considered a current asset on December 31 of this year? Show your calculations. 3. How much will this note impact Income Before Taxes NEXT year? Show your calculations