Monthly loan-Borrow S100,000 for ten years at 6% interest with monthly payments of S.L.11.1 (Work to two decimal places here) Borrowing Date: Dr. Cash S100,000 Cr Notes Payable $100,000 Up front, we prepare an Amortization Schedule for the life of the loan. (6% ten years) (1) Complete the chart for the first three months of the loan (2) Then assume on 4/3/2021 the company paid an additional payment of $3,000 that will go toward the principal of the loan. Fill in the appropriate amounts on the chart (3) When will the next payment be dee? How much will it be for? How will that payment he split in terms of interest and principal? (Complete the last line of the chart, including entering the date) (4) Prepare journal entries only for the initial loan, the first two payments and the additional payment Show all supporting calculations 1310 Journal entries Monthly loan-Borrow S100,000 for ten years at 6% interest with monthly payments of S.L.11.1 (Work to two decimal places here) Borrowing Date: Dr. Cash S100,000 Cr Notes Payable $100,000 Up front, we prepare an Amortization Schedule for the life of the loan. (6% ten years) (1) Complete the chart for the first three months of the loan (2) Then assume on 4/3/2021 the company paid an additional payment of $3,000 that will go toward the principal of the loan. Fill in the appropriate amounts on the chart (3) When will the next payment be dee? How much will it be for? How will that payment he split in terms of interest and principal? (Complete the last line of the chart, including entering the date) (4) Prepare journal entries only for the initial loan, the first two payments and the additional payment Show all supporting calculations 1310 Journal entries