Exercise 10-2A (Algo) Amortization schedule for an instaliment note LO 10.1 On anuary t. Year 1. Beatie Company borrowed 5250,000 cash from Central Bank by issuing a five-year, 6 percent nate. The principat and interest are to be paid by making annual payments in the amount of $59.349. Payments are to be made December 31 of each year, beginning December 31 , Year 1 Required Prepare an amortization schedule for the interest and principal payments for the fiveyear penod: Note: Round your answers to the nearest dollor amount