please just solve partcl c

find the

current portion

non-current portion

The following instalment payment schedule is for a long-term bank loan payable: Your answer is correct. Assuming payments are made annually, what is the interest rate on the bank loan? (Round answer to the nearest whole percent, eg. 12\%.) Interest rate % Prepare the journal entry to record the first instalment payment. (Round answers to 2 decimal places, eg. 1.25. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) What are the current and non-current portions of the bank loan after the payment at the end of period 2 ? (Round answers to 2 decimal places, e.g. 1.25.)