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Cucina Corpotation signed a now instaliment note on January 1,2021, and deposited the proceeds of $54,800 in its bank occount. The nole has a 3

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Cucina Corpotation signed a now instaliment note on January 1,2021, and deposited the proceeds of $54,800 in its bank occount. The nole has a 3 year term, compounds 4 percent interest annualy, and fequires an annual instaliment payment an December 31 . Cucina corporation hiss a December 31 yoor-end and acfusts its accounts only at yoar-end. Required: 1. Use an online application, such as the loan calculator with annual poyments at aycalculatorscoen, to complote the amortization schedule. 2. Prepare the journal entries on (a) Janisary 1, 2021, and December 31 of (b) 2021, (c) 2022, and (d) 2023 . 3. If Cucina Corporation's year-end were March 3t, rather than December 3t, prepare the adjusting joumat entry it would make for this note on March 31, 2021 Complete this question by entering vour answers in the tabs below. Use an onioe application, suth as the loan calcufator whe annual payments at mycalculators, com, to comelleto the amortiration schedule. (Dos not round intermediate caicuasions. Round final answers to nearest whole dollar)

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