Calculate amortization for year 2019 and 2020 with: (show steps)

1) Straight-Line Method

2) Double Declining Balance Method.

$ 16,624.88 Toyota Motor Corp: Loan Amortization Schedule 6% Annual Interest 0.50% Payment ($505.77) Interest Due Date Payment Monthly Exp Principle Reduction Owe After Payment $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 4/1/19 5/1/19 6/1/19 7/1/19 8/1/19 9/1/19 10/1/19 11/1/19 12/1/19 1/1/20 2/1/20 3/1/20 4/1/20 5/1/20 6/1/20 7/1/20 8/1/20 9/1/20 10/1/20 11/1/20 12/1/20 1/1/21 2/1/21 3/1/21 4/1/21 5/1/21 6/1/21 7/1/21 8/1/21 9/1/21 10/1/21 11/1/21 12/1/21 1/1/22 2/1/22 3/1/22 4/1/21 $ 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.77 505.42 83.12 81.01 78.89 76.75 74.61 72.45 70.29 68.11 65.92 63.72 61.51 59.29 57.06 54.81 52.56 50.29 48.01 45.73 43.43 41.11 38.79 36.46 34.11 31.75 29.38 27.00 24.61 22.20 19.78 17.35 14.91 12.46 9.99 7.51 5.02 2.51 $ 422.65 $ 424.76 $ 426.88 $ 429.02 $ 431.16 $ 433.32 $ 435.48 $ 437.66 $ 439.85 $ 442.05 $ 444.26 $ 446.48 $ 448.71 $ 450.96 $ 453.21 $ 455.48 $ 457.76 $ 460.04 $ 462.34 $ 464.66 $ 466.98 $ 469.31 $ 471.66 $ 474.02 $ 476.39 $ 478.77 $ 481.16 $ 483.57 $ 485.99 $ 488.42 $ 490.86 $ 493.31 $ 495.78 $ 498.26 $ 500.75 $ 502.91 16,624.88 16,202.23 15,777.48 15,350.59 14,921.58 14,490.41 14,057.10 13,621.61 13,183.95 12,744.10 12,302.05 11,857.79 11,411.31 10,962.60 10,511.64 10,058.43 9,602.95 9,145.19 8,685.15 8,222.81 7,758.15 7,291.17 6,821.86 6,350.20 5,876.18 5,399.79 4,921.02 4,439.85 3,956.28 3,470.29 2,981.87 2,491.01 1,997.70 1,501.92 1,003.66 502.90 (0.00) $ $ $ $ $ $ $ $ $ $ $ $