Matthew purchased a new piece of equipment to be used in its new facility. The $400,000 piece of equipment was purchased with a $40,000 down payment and with cash received through the issuance of a $360,000, 9%, 5-year mortgage payable issued on January 1, 2022. The terms provide for annual installment payments of $92,553 on December 31. Prepare an installment payments schedule for the first five payments of the notes payable. (Round answers to 0 decimal places, eg. 125.) F Annual Interest Period Cash Payment Interest Expense Reduction of Principal I Issue Date $ $ $ $ 1 2 3 4 5 Amount may be off due to rounding. e Textbook and Media List of Accounts Prepare the journal entry related to the notes payable for December 31, 2022. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Dec. 31 e Textbook and Media List of Accounts Show the balance sheet presentation for this obligation for December 31, 2022. (Hint: Be sure to distinguish between the current and long-term portions of the note.) (Round answers to 0 decimal places, e.g. 125.) MATTHEW Balance Sheet (Partial) $ $