On December 31, 2020, Grouper Inc. rendered services to Beghun Corporation at an agreed price of $105,982, accepting $41,000 down and agreeing to accept the balance in four equal installments of $20,500 receivable each December 31. An assumed interest rate of 10% is imputed. (a1) Your answer is correct. 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, 2020 Schedule of Note Discount Amortization Interest Discount Revenue Amortized Cash Received Carrying Amount of Note Date 12/31/20 $ 6498 12/31/21 20500 6498 14002 5098 12/31/22 20500 5098 15402 3557 12/31/23 20500 3558 16942 1863 12/31/24 20500 1864 18636 Prepare the entries that would be recorded by Grouper Inc. for the sale on December 31, 2020. (Round answers to 0 decimal places, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit