November 1, 2015, Norwood borrows $560,000 cash from a bank by signing a five-year installment note bearing 9% interest. The note requires equal total payments each year on October 31. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.)

Complete an amortization table for this installment note. (Round your intermediate calculations to the nearest dollar amount.) Answer is complete but not entirely correct period Ending Beginning Debit Interest Debit Notes Credit Cash Ending Balance Date Balance Expense Payable 10/31/2016 560,000M 50,400 93,570 143,970 416,030X 37,443X 416,030X 106,527X 143,970 309,503X 10/31/2017 27,855X 309, 503X 116,115X 143,970 193,388X 10/31/2018 126,565X 17,405X 143,970 66,823X 193,388 10/31/2019 0 66,823 10/31/2020 143,970 66,823 77,147 719,850 210,250 509,600 Total