Exact Sciences acquired equipment from Lakeland Company. Lakeland completed construction of the equipment on January 1, 2021. In payment for the $5.9 million equipment, Exact Sciences issued a four-year installment note to be paid in four equal payments at the end of each year. The payments include interest at the rate of 11%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Prepare an amortization schedule for Exact Sciences the 4-year term of the installment note.