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Hyatt Inc. issued afive-year, 8% instalment loan payable, with blended principal and interest payments due annually. The following instalment payment schedule is partially completed Fill

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Hyatt Inc. issued afive-year, 8% instalment loan payable, with blended principal and interest payments due annually. The following instalment payment schedule is partially completed Fill in the missing amounts. Round all amounts to the nearest dollar. Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance $50,000 Issue date $12,523 $41,477 $8,523 $3,318 $32,272 3 $9,941 $11,594

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