On December 31, 2017, Headland Inc. rendered services to Beghun Corporation at an agreed price of $ 107,016, accepting $ 41,400 down and agreeing to accept the balance in four equal installments of $ 20,700 receivable each December 31. An assumed interest rate of 10% is imputed. (a1) You Answered Correct Answer Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes. (Round answers to O decimal places, e.g. 5,275) December 31, 2017 Schedule of Note Discount Amortization Cash Received Interest Revenue Carrying Amount of Note Date 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 65,616 20,700 6,562 51,478 35,926 20,700 20,700 20,700 5,148 ,593 881 18,819