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 Decounting Period Yari Year 2 Year) Principal Balance January 1 $119,000 $5,716 76,809 Cash Payment $29,884 29,884 29,804 Applied to Interest $ 9,520 7,897 6,145 Applied to Principal $20,284 21,907 23,659 Required 0. Using a financial statements model like the one shown, record the appropriate amounts for the following two events: 0 January 1 Year issue of the note payable 21 December 31 Yeart, payment on the note payable. b. What is the amount of Interest expense on this loan for Year 4? Camint Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (Enter any decreases to account balances and cash outflows with a minus sign. In the Cash Flows column, designate the cash flows as operating activities (OA), investing activities (CA), 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 less A Event COWBOY ICE CREAM COMPANY Horizontal Statements Model Balance Sheet Income Statement Liabinies Stockholder's Revenue Equity Expense Net Income No 1 Statement of Cash Flow 2 Ron mes the amount of interest ecerse on this loan for Year 47 (Round your answers to the nearest whole dollar amount.) und