On January 1, Year 1, Brown Co. borrowed cash from First Bank by issuing a $107.000 face value, four-year term note that had an 6 percent annual interest rate. The note is to be repaid by making annual cash payments of $30,879 that include both interest and principal on December 31 of each year. Brown used the proceeds from the loan to purchase land that generated rental revenues of $59.000 cash per year. Required a. Prepare an amortization schedule for the four-year period. (Round your answers to the nearest dollar amount.) BROWN CO. Amortization Schedule $107.000.4-Yr. Term Note, 6% Interest Rate Prin. Bal Cash Pay Applied to Applied to on Jan. 1 Dec. 31 Interest Principal Year Prin. Bal. End of Period Year 1 Year 2 Year 3 Year 4 BROWN CO. Income Statements For the Year Ended December 31 Year 1 Year 2 Year 3 Year 4 BROWN CO. Balance Sheets As of December 31 Year 1 Year 2 Year 3 Year 4 Assets Total assets Liabilities Stockholders' equity Total liabilities and stockholders' equity BROWN CO. Statements of Cash Flows For the Year Ended December 31 Year 1 Year 2 Cash flows from operating activities: Year 3 Year 4 Net cash flow from operating activities: Cash flow from investing activities: Net cash flow from investing activities Cash flow from financing activities: Net cash flow from financing activities Net change in cash Ending cash balance