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On January 1, Year 1, Zero Company obtained a $52,000, four year, 6.5% installment note from Regional Bank. The note requires annual Payments of $15,179,

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On January 1, Year 1, Zero Company obtained a $52,000, four year, 6.5% installment note from Regional Bank. The note requires annual Payments of $15,179, beginning on December 31, Year 1. The December 31, Year 3 carrying amount in the amortization table for this installment note will be equal to a 513,000 Ob 516,603 Oc. so d. 514.252

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