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Current Attempt in Progress Monty Inc. financed the purchase of equipment costing $ 8 5 , 6 0 0 on January 1 , 2 0

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Monty Inc. financed the purchase of equipment costing $85,600 on January 1,2023, using a note payable. The note requires Monty to make annual $24,140 payments of blended interest and principal on January 1 of the following four years, beginning January 1,2024. The note bears interest at the rate of 5%.
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Prepare the debt amortization schedule for the note over its term. (Round answers to 0 decimal places, e.g.5,275.)
Payment
\table[[Interest],[(5%)
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