On November 1, 2019, Norwood borrows $200,000 cash from a bank by signing a five-year Installment note bearing 8% interest. The note requires equal payments of $50,091 each year on October 31. Required: 1. Complete an amortization table for this installment note. 2. Prepare the journal entries in which Norwood records the following: (a) Accrued interest as of December 31, 2019 (the end of its annual reporting period). (6) The first annual payment on the note. Complete this question by entering your answers in the tabs below. Reg 1 Req 2A and 28 Prepare journal entries to record accrued interest as of December 31, 2019 and the first annual payment on October 31, 2020 View transaction list Journal entry worksheet 2 > Record the interest accrued on the note as of December 31, 2019 Note: Enter debit before credits General Journal Debit Credit Date Dec 31, 2019