On January 1, 2020 Braden Company bought new appliances/equipment for $ 250,000 on a 5 year installment note at 8%. Prepare an amortization table and record journal entires for any monthly payments, starting with the first payment on February 1, 2020. The table should be showing payment dates, principal parts of the payment, interest portion of the payment, monthly payments, and of course the remaining balance. Record the journal entries for January 1, 2020, February 1, 2020, and March 1, 2020.