On January 1, $36,000 cash is borrowed from a bank in return for a 12% installment note with 36 monthly payments of $1,196 each. (1) Prepare an amortization table for the first three months of this installment note. (2) Record the entry for issuance of the note. (3) Record the entry for the first interest payment and for the second interest payment. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an amortization table for the first three months of this installment note. Note: Round your answers to the nearest whole dollar. Payments

On January 1,$36,000 cash is borrowed from a bank in return for a 12% instaliment note with 36 monthly payments of $1,196 each. (1) Prepare an amortization table for the first three months of this installment note. (2) Record the entry for issuance of the note. (3) Record the entry for the first interest payment and for the second interest payment. Complete this question by entering your answers in the tabs below. Prepare an amortization table for the first three months of this installment note. Note: Pound your anowers to the nearest whole dolar