Question 4 The following instalment payment schedule is for a long-term bank loan payable $ 7a0coe 148653345000 132113 6861162944 387172 4 56530 95712 686116 606825 e Textbook and Media List of Accounts Assuming payments are made annually, what is the interest rate on the bank loan? (Round answer to the nearest whole percent, eg, 12%.) e Textbook and Media List of Accounts Prepare the journal entry to record the first instalment payment Round answers to 2 decimal places, eg. 1.25, Credit account titles are automatically indented when the amount is entered. Do not indent manually eTextbook and Media List of Accounts What are the current and non-current portions of the bank loan after the payment at the end of period 2? (Round answers to 2 decimal places, e.g. 1.25.)