On January 1, 2020 Plumbus Inc. is issued a notes payable for $27,200. The note has an interest rate of 8% and will be paid semi-annually over two years. The payment terms are a blended payment of $7,493 which includes interest and principal. Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole dollar. Complete the table to record the amount of principal and interest for each payment. Note: Due to rounding, make the reduction of the principal in the last payment equal to the remaining principal balance. This will ensure the ending principal balance is $0. Date Cash Payment Interest Expense Reduction of Principal Principal Balance Jul 1 2020 7493 1088 6405 20795 Jan 1, 2021 7493 832 661 14134 Jul 1, 2021 7493 565 6928 7206 Jan 1, 2022 7493 288 7205 0