On July 1,2020, Vaughn Ltd. borrowed $18,000 by signing a two-year, 3% note payable. The note is payable in two annual instalments of $9,407 on June 30 . The company records adjusting journal en tries annually at year end on Decernber 31. (a) Prepare an instalment payment schedule for the term of the note. (Round answers to the nearest whole dollar, eg. 5,255.)