On January 1, 2020, Desert Company accepted a $67,327, 8%, 4-year note from Beach Company for the sale of merchandise. The note requires Beach Company to make semiannual installment payments of principal and interest (P&I) at the end of each June and December. The market rate for similar transactions is 8% APR. PVOA: i=4% i=8% n=4 3.6299 3.3121 n=8 6.7327 5.7466 Complete the Amortization Schedule for the first year of this note: "Round all answers to the nearest dollar. Do not use a comma or $ in your answer.** Date Issue (1/1/20) 6/30/20 12/31/20 Cash Interest Revenue Principal Carrying Value 67,327