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Carla Vista Co. receives $288,000 when it issues a $288,000,10%, mortgage note payable to finance the construction of a building at December 31,2022. The terms

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Carla Vista Co. receives $288,000 when it issues a $288,000,10%, mortgage note payable to finance the construction of a building at December 31,2022. The terms provide for annual installment payments of $48,000 on December 31 . (a1) Prepare an amortization schedule of a mortgage note for two years

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