Incorrect Question 5 0/0.71 pts USE THE FOLLOWING INFORMATION TO ANSWER THE NEXT (4) QUESTIONS "For all PV calculations, use the tables presented in above. On January 1, 2020, ABC rendered services to Smith Corporation and accepted a $200.000 note. In exchange, Smith agreed to make (5) annual payments of P&I with the first payment to be made on December 31, 2020 An interest rate of 8% is imputed Required: Use the information above to answer the next (4) questions: 1. Determine the amount of (1) PMT of P&I S|Question 11 2. What amount of Service Revenue should ABC recognize on January $ 1.20207 3. What amount of Interest Revenue should ABC recognize on this note for $ the year ending December 31, 2021? 4. What is the Carrying Value of the Note Receivable at December 31, 2021? Required: Determine the amount of (1) PMT of P& $ 50125 ct Question 6 0/0.71 pts Using the information presented in #5 above, what amount of Service Revenue should ABC recognize on January 1, 2020? 200000 Question 7 0/0.71 pts Using the information presented in 5 above, determine the amount of Interest Revenue ABC should recognize on their Income me Statement for the year ended December 31, 2021: 5. 13270 ct Question 8 0/0.71 pts Using the information presented in 15 above, determine the carrying value of the note receivable as of December 31, 2021. $_ 129019