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Blossom Inc. developed a new sales gimmick to help sell its inventory of new automobiles. Because many new car buyers need financing, Blossom offered a

Blossom Inc. developed a new sales gimmick to help sell its inventory of new automobiles. Because many new car buyers need
financing, Blossom offered a low downpayment and low car payments for the first year after purchase. It believes that this promotion
will bring in some new buyers.
On January 1,2025, a customer purchased a new $38,200 automobile, making a downpayment of $1,640. The customer signed a note
indicating that the annual rate of interest would be 8% and that quarterly payments would be made over 3 years. For the first year,
Blossom required a $400 quarterly payment to be made on April 1, July 1, October 1, and January 1,2026. After this one-year period,
the customer was required to make regular quarterly payments that would pay off the loan as of January 1,2028.
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(d)
Prepare a note amortization schedule for these new payments for the next 2 years. (Round answers to 0 decimal places, eg.38,548.)
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