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Brief Exercise 10-8 (Part Level Submission) Hyatt Inc. issued a five-year, 7% instalment loan payable, with blended principal and interest payments due annually. The following
Brief Exercise 10-8 (Part Level Submission) Hyatt Inc. issued a five-year, 7% instalment loan payable, with blended principal and interest payments due annually. The following instalment payment schedule is partially completed: (a) Fill in the missing amounts. (Round answers to 0 decimal places, e.g. 5,275.) Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance Issue date $42,400 1 $10,341 $ $ 7,373 35,027 2 2,452 27,138 3 8,441 4 1,309 9,665 5 676 9,665 * Adjusted for rounding differences. What are the current and non-current portions of the loan at the end of period 3? (Round answers to 0 decimal places, e.g. 5,275.) Current portion Non-current portion $
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