Chapter 10 (8 marks, 16 minutes) Reddington Limited borrowed $240,000 from Dembe Bank for a 5-year period on January 1, 2021. The 6% loan requires a semi-annual payment (principal plus interest) of $28,135 each June 30 and December 31. The company's year-end is December 31. Required: (A) Prepare an instalment payment schedule for the first 4 payments using the following table format. Please round all calculations to the nearest dollar. (4 marks) Date Cash Payment Interest Expense Principal Reduction Principal Balance Jan 1, 2021 June 30, 2021 Dec 31, 2021 June 30, 2022 Dec 31, 2022 (B) Using your answer from Part A above, prepare the journal entry that Reddington Limited would record on December 31, 2021 (25 marks) (C) What amounts will be recorded as current and non-current liabilities in Reddington Limited's Statement of Financial Position as at December 31, 2021? (1 5 marks)