Cullumber Inc, developed a new sales gimmick to help sell its inventory of new automobiles. Because many new car buyers need financing, Cullumber offered a low downpayment and low car payments for the first year after purchase. It believes that this promotion will bring in some new buyers. On January 1,2020, a customer purchased a new $35,400 automobile, making a downpayment of $1,080. The customer signed a note indicating that the annual rate of interest would be 12% and that quarterly payments would be made over 3 years. For the first year. Cullumber required a $429 quarterly payment to be made on April 1, July 1, October 1, and January 1, 2021. After this one-year period, the customer was required to make regular quarterly payments that would pay off the loan as of January 1,2023. (a) Prepare a note amortization schedule for the first year. (Round answers to Odecimal ploces, es. 38,548.)