QUESTION 1 Kylie, Inc. is buying a camel. The original cost on January 1, 2018 was $10,000, kylie put $1,500 down and is making annual payments on December 31st of $1,838.68 which include interest at 8%, If Kylie is properly amortizing this purchase, the interest expense for 2018 (ins year) is $1,351.48 $587.31 $ 680.00 5487.20 Some other number QUESTION 2 Still on kylle. Assuming Kylle is amortizing the loan correctly, the Principal Balance at the end of 2019 (end of the second year would have been $7,341.32 $6,089.95 54,738.47 $4,822,64 Some other number