Halep Inc. borrowed $30,000 from Davis Bank and signed a 4-year note payable stating the interest rate was 4% compounded annually. Halep Inc. will make payments of $8,264.70 at the end of each 2 year. Prepare an amortization table showing the principal and interest in each payment. 1. Prepare the amortization table for the borrowing 2. Prepare journal entries to record the borrowing, year 1 and vear 2 navmente 12 Part 2 13 Date Account Title 14 Jan. 1