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Michael purchased a new piece of equipment to be used in its new facility. The $380,000 piece of equipment was purchased with a $57,000 down

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Michael purchased a new piece of equipment to be used in its new facility. The $380,000 piece of equipment was purchased with a $57,000 down payment and with cash received through the issuance of a $323,000,8%,5-year mortgage payable issued on January 1,2022 . The terms provide for annual installment payments of $80,897 on December 31 . Fill in the necessary blanks in the amortization table for YEARS 2022 and 2023. Do NOT use dollar signs or commas in your answer. (Round answers to 0 decimal places. e.g. 125.)

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