On December 31, 2020, the Bubba Watson Company borrowed $2,800,000 at 8% for 30 years to finance the construction of a 9-hole golf course in Jupiter Island, Florida. The terms of the mortgage note payable requires semiannual payments on June 30 and December 31 of $123,765 each. (a) Complete the amortization schedule below, thru the first 4 (four) semi-installment payments