On December 31,2023 , Pharoah Company rendered services to Flounder Corp. at an agreed price of $82,659.69. In payment, Pharoah accepted $32,400 cash and agreed to receive the balance in four equal installments of $16,200 that are due each December 31 starting in 2024. An interest rate of 11% is applicable. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. The tables in this problem are to be used as a reference for this problem. Prepare an installment note receivable schedule (Round onswos to 2 declmal ploces, 5$.5,275.75. installment Note Receivable Schedule Interest Income $ 16200 16200 16200 Principal Collected Note Carrying Amount $ 16200 $ I \begin{tabular}{l} M \\ \\ \hline \end{tabular}