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Monpi Ltd wish to expand its operations by negotiating the purchase of land and buildings for K 1 0 0 0 0 0 0 .

Monpi Ltd wish to expand its operations by negotiating the purchase of land and buildings for K1000000. Under the terms of the purchase, the company paid the seller a deposit of K203520 and signed a 14% mortgage deed which required 100 quarterly payments of K28800 due each quarter commending on the 15 September 2022. The company purchased the land and building and paid the deposit on 16 June 2022. The companys financial year ends on 31 December.
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Prepare a quarterly payment schedule for 2022 and 2023.

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