On January 1, 2021, Norwood borrows $450,000 cash from a bank by signing a five-year installment note bearing 8% interest. The note requires equal payments of $112,706 each year on December 31. Required: Complete an amortization table for this installment note. Complete an amortization table for this installment note. Note: Round your intermediate calculations to the nearest dollar amount. Period Ending Date Beginning Balance Debit Interest Expense + Debit Notes Payable = Credit Cash Ending Balance 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Total