llon 18 The following instalment payment schedule is for an instalment note payable: Reduction Cash Interest of Principal Interest Period Payment Expense Principal Balance Jan. 1, 2021 $48,800 Jan. 1, 2022 $14,640 $2,440 $12,200 36,600 Jan. 1, 2023 14,030 1,830 12,200 24,400 Jan. 1, 2024 13,420 1,220 12,200 12,200 Jan. 1, 2025 12,810 610 12,200 0 (a) What are the non-current and current portions of the note at December 31, 2021? (17 Current portion of note payable Non-current portion of note payable