Can I get some help with this, thank you!

Suvet Help Sau bled: Ignore - Cannot Delete Accounting Principal Period Biance January Year 1 $130,000 Yon 2 107,841 Yon 3 83,909 Can Dayment $32,559 32,559 32,559 Applied to Interest $10,400 8,627 6,713 Applied to principal $22,159 23,932 25,826 Required a. Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (1) January 1, Year 1, Issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. What is the amount of interest expense on this loan for Year 4? Complete this question by entering your answers in the tabs below. Required A Required Using a financial statements model like the one shown, record the appropriate amounts for the following two events inter any decreases to account balances and cash outflows with a minus sign. In the Cash Flows column, designate the cash nows as operating activities (OA). Investing activities (14), financing activities (FA), or if there is no effect, leave the cell blank. Not all cells will require entry) (1) January 1 Year 1, Issue of the note payable (2) December 31, Year 1, payment on the note payable. Show COWBOY ICE CREAM COMPANY Horizontal Statements Model Bilance Sheet Income statement Event Statement of No Asus Liabilities Stockholder's Revenue Expense - Net Income Equity Cash Flow 1 2 Cowboy Ice Cream Company issued a note payable on January 1, Year 1. Below you will find a partial amortization schedule for the 5- year note payable. Accounting Principal Canh Applied to Applied to Period Balance January 1 Payment Interest Principal Year 1 $130,000 $32,559 $10,400 $22,159 Year 2 107,841 32,559 8.627 23,932 Year 3 83,909 32,559 6,713 25,846 Required a. Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (1) January 1, Year 1, Issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. What is the amount of interest expense on this loan for Year 4? Complete this question by entering your answers in the tabs below. Required A Required B What is the amount of interest expense on this loan for Year 4? (Round your answers to the nearest whole dollar amount.) Interont expono