Please help with C. Thank you.

Coronado Hage has just approached a bank for financing for his new restaurant, Bonita Sally. The bank is willing to loan Bonita Sally Inc. $400,000 at a high-risk interest rate of 7%. The loan is payable over three years in quarterly payments of $37,246. Bonita Sally received the loan on April 30, 2021. It made the first payment on July 31. The company's year end is October 31 Bonita Sally Instalment Payment Schedule Cash Payment Interest Expense Instalment Number Principal Reduction Balance Period $ $ $ $ 1 2 3 4 5 6 7 8 9 10 11 12 Apr. 30, 2021 July. 31, 2021 Oct. 31, 2021 Jan. 31, 2022 Apr. 30, 2022 July 31, 2022 Oct. 31, 2022 Jan. 31, 2023 Apr. 30, 2023 July. 31, 2023 Oct. 31, 2023 Jan. 31, 2024 Apr. 30, 2024 37,246 37,246 37,246 37,246 37,246 37,246 37,246 37,246 37,246 37,246 37,246 37,246 7,000 6,471 5,932 5,384 4,827 4,259 3,682 3,095 2,497 1,889 1,270 647 30,246 30,775 31,314 31,862 32,419 32,987 33,564 34,151 34,749 35,357 35,976 36,599 400,000 369,754 338,979 307,665 275,803 243,384 210,397 176,833 142,681 107,932 72,575 36,599 0 Total 446,952 46,952 400,000 (c) Record the first two loan payments, on July 31 and October 31. (Round answers to the nearest whole dollar, eg. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Debit Credit Date Account Titles and Explanation 2021 July 31 Oct. 31 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 1 used Submit