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On October 3 1 , 2 0 2 3 , Flatbush Corporation signed a 2 - year installment note in the amount of $ 5

On October 31,2023, Flatbush Corporation signed a 2-year installment note in the amount of $50,000 in conjunction with the purchase of equipment. This note is payable in equal monthly installments of $2,410, which includes interest computed at an annual rate of 12%. The first monthly payment is made on November 30,2023. This note is fully amortizing over 24 months.
Complete the amortization table for the first two payments by entering the correct dollar amounts in the blank spaces provided. In addition, answer the questions (a) through (c) below (PLEASE ROUND ALL OF YOUR ANSWERS TO THE NEAREST DOLLAR):
\table[[Payment,Monthly,Interest,Repayment,Unpaid],[Date,Payment,Expense,of Principal,Balance],[Issuance,cdots,--,cdots,$50,000
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