i need hlep w part b last picture.

Question 5 of 5 0.39/1 E View Policies Show Attempt History Current Attempt in Progress On December 31, 2020, Waterway Inc. rendered services to Beghun Corporation at an agreed price of $111.829, accepting $44,400 down and agreeing to accept the balance in four equal installments of $22,200 receivable each December 31. An assumed interest rate of 12% is imputed. Prepare an amortization schedule. Assume that the effective interest method is used for amortization purposes. (Round answers to decimal places, e.g. 5,275.) December 31, 2020 Schedule of Note Discount Amortization Interest Discount Revenue Amortized Cash Received Date Car Amour 12/31/20 $ 44400 $ 0 44400 $ 12/31/21 22200 8091 14109 12/31/22 22200 6398 15802 12/31/23 22200 4502 17698 12/31/24 22200 2379 19821 ion Discount amortized Carrying Amount of Note 44400 $ 67429 14109 53320 15802 37519 17698 19821 19821 (a2) Your answer is correct. Prepare the entries that would be recorded by Waterway Inc. for the sale on December 31, 2020. (Round answers to decimal places, eg. 5,275. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Credit 44.400 Debit Cash Notes Receivable 88800 Discount on Notes Receivable 21371 Service Revenue 111829 (b) Your answer is partially correct. Prepare the entries that would be recorded by Waterway Inc. for the (a) receipts and (b) interest on December 31, 2021. (Round answers to decimal places, eg. 5,275. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit (a) Cash 44400 Notes Receivable 88800 (b) Discount on Notes Receivable 21371 Service Revenue 111829