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Finance Co lent $9.4 million to Corbin Construction on January 1, 2018, to construct a playground. Corbin signed a three- year, 8% installment note to be paid in three equal payments at the end of each year. (FV of $1, PV of $1, FVA of $1. PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare the journal entry for Finance Co's lending the funds on January 1, 2018. 2. Prepare an amortization schedule for the three-year term of the installment note. 3. Prepare the journal entry for the first installment payment on December 31, 2018. 4. Prepare the journal entry for the third installment payment on December 31, 2020. Complete this question by entering your answers in the tabs below. Reg 2 Req 1 3 and 4 Prepare an amortization schedule for the three-year term of the installment note. (Enter your answers in whole dollars.) Decrease in Outstanding Dec. 31 Cash Payment Effective Interest Balance Balance 2018 2019 2020 Journal entry worksheet Record the journal entry for the receipt of the third installment payment on December 31, 2020. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2020 Record entry Clear entry View general journal