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I just need help with C. Please and Thank you. I provided additional information. A partial amortization schedule for a 10-year note payable issued on

I just need help with C. Please and Thank you. I provided additional information.

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A partial amortization schedule for a 10-year note payable issued on January 1, Year 1, is shown next. Required a. Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1, Year 1, issue of the note payable. (2) December 31, Year 1, payment on the note payable. b. If the company earned $92,000 cash revenue and paid $60,000 in cash expenses in addition to the interest in Year 1 , what is the amount of each of the following? (1) Net income for Year 1. (2) Cash flow from operating activities for Year 1. (3) Cash flow from financing activities for Year 1. c. What is the amount of interest expense on this loan for Year 4 ? Using a financial statements model, record the appropriate amounts for the following two events: (1) January 1 , Year 1 , issue of the note payable. (2) December 31 , Year 1, payment on the note payable. (In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity and leave blank to indicate no effect. Enter any decreases to account balances and cash outflows with a minus sign.) If the company earned $92,000 cash revenue and paid $60,000 in cash expenses in addition to the interest in Year 1 , what is the amount of Net income for Year 1? If the company earned $92,000 cash revenue and paid $60,000 in cash expenses in addition to the interest in Year 1 , what is the amount of cash flow from operating activities for Year 1 ? (Cash outflows should be indicated with a minus sign.) If the company earned $92,000 cash revenue and paid $60,000 in cash expenses in addition to the interest in Year 1 , what is the amount of cash flow from financing activities for Year 1 ? (Cash outflows should be indicated with a minus sign.) What is the amount of interest expense on this loan for Year 4 ? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)

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