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Prepare a note amortization schedule for Kingbird Bank up to December 31, 2022. (Round answers to O decimal places, e.g. 5,275.) Note Amortization Schedule (Before
Prepare a note amortization schedule for Kingbird Bank up to December 31, 2022. (Round answers to O decimal places, e.g. 5,275.) Note Amortization Schedule (Before Impairment) Cash Received Increase in Carrying Amount Interest Revenue Carrying Amount of Note Date 12/31/20 12/31/21 $ 12/31/22 e Textbook and Media Determine the loss on impairment that Kingbird Bank should recognize on December 31, 2022. (Round present value factors to 5 decimal places, e.g. 0.52500 and final answer to 0 decimal places, e.g. 5,275.) Loss due to impairment $ e Textbook and Media On December 31, 2020, Blue Company signed a $1,284,300 note to Kingbird Bank. The market interest rate at that time was 12%. The stated interest rate on the note was 10%, payable annually. The note matures in 5 years. Unfortunately, because of lower sales, Blue's financial situation worsened. On December 31, 2022, Kingbird Bank determined that it was probable that the company would pay back only $770,580 of the principal at maturity. However, it was considered likely that interest would continue to be paid, based on the $1,284,300 loan. Determine the amount of cash Blue received from the loan on December 31, 2020. (Round present value factors to 5 decimal places, e.g. 0.52513 and final answer to 0 decimal places, e.g. 5,275.) Amount of cash Blue received from the loan $ eTextbook and Media
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