Entries for Installment Note Transactions On January 1, Year 1, Bryson Company obtained a $47,000, four-year, 9% installment note from Campbell Bank. The note requires annual payments of $14,507, beginning on December 31, Year 1. a. Prepare an amortization table for this installment note, similar to the one presented in Exhibit 4. Note: Enter all amounts to the nearest whole dollar. Round Year 4 Interest Expense (up or down) to ensure the carrying amount is zero at the end of the note term. Amortization of Installment Notes Year Ending December 31 January 1 Carrying Amount Note Payment (Cash Paid) Year 1 Interest Expense (7% of January 1 Note Carrying Amount) Decrease in Notes Payable December 31 Carrying Amount Year 2 Year 3 Year 4