On December 31,2025 , Novak Inc, rendered services to Beghun Corporation at an agreed price of $115,826, accepting $45,400 down and agreeing to accept the balance in four equal installments of $22,700 receivable each December 31 . An assumed interest rate of 11% is imputed. (a1) Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes. (Round answers to 0 decimal places, eg. 5,275.) Prepare the entry that would be recorded by Novak Inc. for the sale on December 31, 2025. (Round answers to 0 decimal places, eg. 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. List all debit entries before credit entries.)