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On December 31,2025, Swifty Inc. rendered services to Beghun Corporation at an agreed price of $125,934, accepting $50,000 down and agreeing to accept the balance

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On December 31,2025, Swifty Inc. rendered services to Beghun Corporation at an agreed price of $125,934, accepting $50,000 down and agreeing to accept the balance in four equal installments of $25,000 receivable each December 31 . An assumed interest rate of 12% is imputed. Prepare an amortization schedule. Assume that the effective-interest method is used for amortization purposes. (Round answers to 0 decimal places, eg. 5,275.)

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