Exercise 10-2A (Algo) Amortization schedule for an installment note LO 10-1 On January 1. Year 1. Beatie Co. borrowed $270,000 cash from Central Bank by issuing a five-year, 5 percent note. The principal and Interest are to be paid by making annual payments in the amount of $62,363. 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 five-year period. (Round your answers to the nearest dollar amount.) BEATIE CO. Amortization Schedule Cash Payments Applied to December 31 Interest Principal Balance on January 1 Year Applied to Principal Principal Balance End of Period Year 1 Year 2 Year 3 Year 4 Year 5 Exercise 10-20A (Algo) Effective interest amortization of a bond discount LO 10-6 On January 1, Year 1, Parker Company issued bonds with a face value of $82,000, a stated rate of interest of 13 percent, and a five-year term to maturity. Interest is payable in cash on December 31 of each year. The effective rate of interest was 15 percent at the time the bonds were issued. The bonds sold for $76,502. Parker used the effective interest rate method to amortize the bond discount. (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Required a. Prepare an amortization tablo. Cash Payment Interest Expense Discount Amortization Carrying Value $ 76,502 77.317 $ 10,00 11.4755 815 Date January 1, Yoar 1 December 31, Yeart December 31, Year 2 December 31, Year 3 December 31. Year 4 December 31, Year 5 Totais $ 10,660 S 11,475$ B15 b. What is the carrying value that would appear on the Year 4 balance sheet? c. What is the interest expense that would appear on the Year 4 income statement? d. What is the amount of cash outflow for interest that would appear in the operating activities section of the Year 4 statement of cash flows? b. Carrying value a. Interest expense d. Cash outflow for interest