On January 1, 2020, the bank lent the Artura company $200,000 at an interest rate of 8%. The bank loan requires annual payments of $60,384 over a period of four years. The company's year end is December 31 . Required: (i) Prepare the note instalment schedule for all relevant years. 2 marks ii) Record the journal entry for the first instalment payment on December 31, 2020. 1 mark