bramble purchased a new piece of equipment to be used in its new facility. the $$440,000$ piece of equipment was purchased with a $$59,000$ down payment and with cash received through the issuance of a $$381,000,11\%,5-$ year mortgage payable issued on january $1,2022.$ the terms provide for annual installment payments of $$103,087$ on december $31.$

prepare an installment payments schedule for the five payments of tge notes payable.