Consider a 4-year amortizing loan. You borrow $1,900 initially and repay it in four equal annual year-end payments. a. If the interest rate is 8%, what is the annual payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Annual payment $ 573.65 b. Prepare an amortization schedule. (Do not round intermediate calculations. Round you cells blank - be certain to enter "O" wherever required.) % Answer is complete but not entirely correct. Time Total Year-End Payment ($) Amortization of Loan ($) 573.65 Year-End Loan Balance Interest Due on (S) Loan Balance ($) 1,900.00 0.00 X 1,900.00 % 152.00 % 1,478.35 118.27 X 1,022.97 81.84 X 531 X 42 X 421.65 1 455.38 2 2 573.65 573.65 491.81 3 573.65 531.16 4