Lake Company sold some machinery to View Company on January 1, 2017, for which the cash selling price was $100,000. View entered into an installment sales contract with Lake at a 10% interest rate. The contract required payments five years, with the first payment due on December 31, 2017.

Required:

Prepare an amortization schedule that shows what portion of each payment will be shown as interest income over the period 20172021. (Round your answers to the nearest whole dollar amount.)