please answer both

Problem 10-5A (Algo) Installment notes LO C1 On November 1, 2020, Norwood borrows $600,000 cash from a bank by signing a five-year installment note bearing 8% interest. The note requires equal payments of $150,274 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, 2020 (the end of its annual reporting period). (b) The first annual payment on the note Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A and 28 Complete an amortization table for this installment note. (Round your intermediate calculations to the nearest dollar amount.) Period Ending Date Credit Cash Ending Balance 10/31/2021 10/31/2022 10/31/2022 10/31/2024 10/31/2025 Total Beginning Debit interest Balance Expense $ 600,000 $ 48.000 497 726 39 818 387 270 30 9821 267978 21,438 + Debit Notes Payable 102 274 110.456 119.2321 123.836 5 140.238 $ 460 058 Reg 2A and 28