On January 1, 2016, Bryson Company obtained a $197,000, four-year, 5% installment note from Campbell Bank. The note requires annual payments of $55,556, beginning on December 31, 2016. Prepare an amortization table for this installment note

Amortization of Installment Notes
	A	B	C	D	E
For the Year Ending	January 1 Carrying Amount	Note Payment	Interest Expense	Decrease in Notes Payable	Dec. 31 Carrying Amount
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2019