Miles Company borrowed $65,000 on January 1, 2021, by signing a 5% promissory note. The note is to be repaid in full by December 31, 2026. On December 31 of each year, Miles makes one payment on the installment note comprising blended interest and principal components. The amortization schedule for the note is presented below. Miles has a March 31 year-end. The company does not make monthly adjustments, but rather makes adjusting entries every quarter. Year Beginning Note Payable Interest Expense Repaid Principal on Ending Note (5%) Note Payable Payable 2021 65,000 3,250 9,556 55,444 2022 55,444 2,772 10,034 45,410 2023 45,410 2,270 10,536 34,874 2024 34,874 1,744 11,062 23,812 2025 23,812 1,191 11,616 12,196 2026 12.196 610 12,196 (0) Assuming the company makes the required annual payments on December 31, use the amortization schedule to determine the following answers: DO NOT use dollar signs ($) or commas () in your responses, just simply type the number with no formatting (i.e 10000). Round all answers to the nearest dollar: (a) the amount of the annual payment (1 point) $| (b) the amount of Interest Expense on this note to report in the year ended March 31, 2021 (1 point) $1 (c) the amount of Interest Expense to report in the year ended March 31, 2023 (1 point) $ D (d) the total interest and total principal paid over the note's entire life (1 point) $[