On December 31, 2020, KEC Environmental Corp. borrowed $100,000 by signing a four-year, 5% Installment note. The note requires four equal payments of accrued interest and principal on December 31 of each year from 2021 through 2024. a. Calculate the size of each of the four equal payments. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Size of each payment b. Prepare an amortization table for this Installment note. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) Payments Year Ending Beginning Balance Interest Expense Notes Payable Cash Ending Balance 2021 2022 2023 2024 0 S 0 $ 0 $ 0 c. Prepare journal entries that KEC Environmental Corp. would make to record the loan on December 31, 2020, and the four payments starting on December 31, 2021, through the final payment on December 31, 2024. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) View transaction list Journal entry worksheet ces