Comp14-1 (open response) Question Help * The Castalia Company is a retail company that began operations on October 1,Following is the chart of accounts for The Castalia Company. As a new business, 2018, when it incorporated in the state of North Carolina. The Castalia Company is all beginning balances are $O. authorized to issue 250,000 shares of $1 par value common stock and 40,000 (Click the icon to view the chart of accounts. shares of 2%, $20 par value preferred stock. The company sells a product that includes a one-year warranty and records estimated warranty payable each month. Customers are charged a 7% state sales tax. The company uses a perpetual inventory system. There are three employees that are paid a monthly salary on the last day of the month. The Castalia Company completed the following transactions during the last quarter of 2018, its first year of operations: (Click the icon to view the transactions.) Read the requirements. Requirement ta. In preparation for recording the transactions, prepare: An amortization schedule for the first 3 months of the mortgage payable issued on October 1. Round interest calculations to the nearest dollar Total Ending BeginningPrincipal BalancePayment Interest Expense Payment Balance 10/01/2018 11/1/2018 12/1/2018 01/01/2019 Enter any number in the edit fields and then click Check Answer Check Answer Clear All remaining