Bramble Inc. developed a new sales gimmick to help sell its inventory of new automobiles. Because many new car buyers need financing, Bramble 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, 2020, a customer purchased a new $36,600 automobile, making a downpayment of $1,320. 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, Bramble required a $441 quarterly payment to be made on April 1, July 1, October 1, and January 1,2021. After this one-year period, the customer was required to make regular quarterly payments that would pay off the loan as of January 1, 2023. Prepare a note amortization schedule for the first year. (Round answers to O decimal places, e.g. 38,548.) Carrying Amount of Interest Cash Discount Date Note Paid Expense Amortized $ $ 1/1/20 441 $ 4/1/20 441 441 10/1/20 441 1/1/21 441 Compute the amount of the new quarterly payments. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 58,971.) $ The new quarterly payments eTextbook and Media Prepare a note amortization schedule for these new payments for the next 2 years. (Round answers to 0 decimal places, e.g. 38,548.) Carrying Cash Interest Discount Amount of Date Paid Expense Amortized Note $ $ $ 1/1/21 $ 4/1/21 7/1/21 10/1/21 1/1/22 4/1/22 7/1/22 10/1/22 1/1/23 eTextbook and Media