first three months of your loan. starting next month. The interest rate is 10% per year. Amortize the Problems 6- 59 Beamer Biz Year 4, 2022, Paid her beginning accounts payable and received all owed her. Bought 5 Beamers, sold 10. Bought for $48,000 each, sold for $70,000. Bought for 25% down and the other 75% to be paid next year. Sold for 80% down with 20% to be paid next year. Paid workers what she owed them at the beginning plus $4,000 per month for eleven months, owed wages of $4,000 at the end of the year for December. Paid $3,000 for utilities. On January 1, she bought a pre- fabricated building to put on the land she invested in year 2019. The building cost $200,000. It is expected that the building will last ten years and then be worth about 25% of the original cost. To buy the building, she took out a $160,000 interest-only mortgage from the bank and used $40,000 of the company's money. She must pay the bank 8% interest at the end of each year on the building's mortgage. The $160,000 will be due 10 years from the date of purchase. She paid the interest on the building's mortgage for Year 4 on December 31. On January 1, 2022 she spent $60,000 on furniture and fixtures for the new building. It is estimated that these items will last 10 years and then be worth 10% of their value. She opened her new location on January 1. (She now operates two locations.) She paid 10 months' rent on her first location at $1,000 per month. She paid Uncle Phil the interest owed on December 31. Remember she expenses her insurance at 300 per month. Also, do not forget the depreciation on the sign. She paid last year's taxes. She paid a dividend of $30,000. She owes 2022 taxes at the end o the year (same rate as last year). (Prepare Financials, which also includes Journal Entries & T-Accounts)