Problem 2 On Dec 31, 2022, Huey, Inc. issued a $67,800,000 Note to Huge Deal Co. in payment for 5 bulldozers. The note term is 3 years and contains a 5% annual interest payment at each year end with the note face to be paid at term end. If Huey had been able been able to pay cash for the bulldozers, the price would have been $56,970,000. Requirements: 1. What is the value of the bulldozers? 2. What is the effective interest rate of this Note? 3. Create an amortization table. 4. Create the journal entries for note issuance, the last interest payment, and note re-payment. Amortization Table Journal Entries 1 Asset Price 2 Effective Rate Period Cash Interest Amort Balance Calculations Here