On January 1, 2018, Fisher Co. obtained a $52,000, four-year 6.5% installment note from Bones Bank. The note requires annual payments consisting of principal and interest of $15,179, beginning on December 31 of the current year.

Required:

1. Complete a amortization table below for the entire note by typing your answer into the space. Please round calculations to the nearest dollar.
2. Complete the entries for:
3. The issuance of the note on January 1
4. The first two annual interest payments