O Required Information [The following information applies to the questions displayed below) On January 1, Year 1, Brown Company borrowed cash from First Bank by issuing a $116,000 face-value four year term note that had an 8 percent annual interest rate The note is to be repaid by making annual cash payments of $35,023 that include both Interest and principal on December 31 of each year Brown used the proceeds from the loan to purchase land that generated rental revenues of $68,000 cash per year. Required a. Prepare an amortization schedule for the four-year period. (Round Intermediate calculations to nearest dollar amount. Round your answers to the nearest dollar amount.) BROWN COMPANY Amortization Boheille $110,000, 4.Yar Term Hote0% Interest Rate Pridal can Payment Applied to Applied to Halance December 31 Interest Principal on awary Year Frincipal Balance Ent of Punod Year Year 2 Year Year