Culver purchased a new piece of equipment to be used in its new fscility, The $378,000 piece of equipment was purchased with a $53,000 down payment and with cashreceived through the issuance of a $325,000,9%. 5 -year mortpage payable issued on J anuary 1 . 2022 The terms provide for annual installment payments of $83,555 on December 31 . (a) Prepare an instaliment payments schedule for the five payments of the notes payable. Round answers to 0 decimal ploces, es. 15.250 ) Prepare the journal entry related to the notes payable for December 31, 2022. (Credit occount titles are dutonatically indented wher amount is entered. Do not indent manually, Record journal entries in the order presented in the problem. Show the balance sheet presentation for this obligation for December 31,2022. (Hint: Be sure to distinguish between the current and long-term portions of the note) (Enter account name only and do not provide descriptive information.)