On January 1, Year 1, KASE borrowed $200,000 on a 6-year, 7% installment note payable. The terms of the note require KASE to pay 6 equal payments each December 31 for 6 years. The Notes Payable balance on December 31, Year 5 is: Warning: When doing calculations, it is recommended to use Excel. If you are calculating by hand, do not round to the nearest whole number until you get to the final answer Enter your answer as rounded to the nearest whole number, for example: if the answer is 100, enter 100 if the answer is 100.49, enter 100 if the answer is 100.5, enter 101