On March 31st, 2018, Kroger Company issued a $390,000, 2%, 3-year note payable when the market rate was 8%. Interest is due on each March 31, beginning, March 31st, 2019. The company's fiscal year ends December 31st.

Prepare a journal entry to record the issuance of the note payable.

Prepare an amortization table.

Prepare a journal entry to record interest expense at December 31, 2018.

Prepare the journal entry required on March 31st, 2019.