Prepare a Note Amortization table thru payoff.

$2.$ Journalize transactions $($Click tab below.$)$

Issue Date: $1/1/2012$ Note Amount: $40,000$

Interest Rate $($Annual$)$: $9\%$

Interest Rate per Monthly payment: $0\mathrm{.}7500\%$

# of Monthly Payments: $48$

Payment per period: $($$$995\mathrm{.}40$

Journalize the payoff of the Note on July $1$st$,2013.("$Payoff$"$ means: Pay the debt in full to render all related balances to zero. Assume June monthly payment already paid & recorded. The principle balance is the same $12$ am July $1$st as it is at $12$ pm June $30$th$.$ No interest is charged on the day of payoff.