On December 31, 2012, Barker Inc. provided consulting service to Carr Company at an agreed price of $151,121. Barker accepted $60,000 down and agreed to accept the balance in four equal installments of $30,000 to be received each December 31, beginning December 31, 2013. An assumed interest rate of 12% is imputed.

Prepare the amortization schedule and then record all required journal entries that would be made By Barker on the following dates

(a) December 31, 2012,

b) December 31, 2013,

c) December 31, 2014,

d) December 31, 2015,

e) December 31, 2016,