Exercise $14-20($Algo$)$ Installment note; amortization schedule $[$LO$14-3]$

American Food Services, Incorporated, acquired a packaging machine from Barton and Barton Corporation.

$\frac{2\mathrm{.}86}{20}$

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Complete this question by entering your answers in the tabs below.

Prepare an amortization schedule for the four$-$year term of the installment note.

Note: Round intermediate calculations and final answers to the nearest whole dollar.

$\backslash$table$[[\backslash$table$[[$December$],[31]],$Cash Payment,$\backslash$table$[[$Effective$],[$Interest$]],\backslash$table$[[$Decrease in$],[$Balance$]],\backslash$table$[[$Outstanding$],[$Balance$]]],[,,,,x$