required 1.calculate the size of each installment payement.

2.complete an installment note amortization schedule for this note.

3. present the journal entries that calla would make to record accured interest as of december 31,2020 and the first payement on the note.

:record the accured interst on the installment note payable.

record the first payement made on installment note.

4. now assume the note does not require equal paymentsbbut does require four payements that include interest and an equal amount of principal in each payment. complete an installment note amortization schedule for this note . present the journal entries that calla would make to record accured interest as decmember 31,2020and the first paent on the note.

record the accured interat on the installment note payable.

record the forst payment made on installment note.

On November 30, 2020, Calla Resources Ltd. borrowed $110,000 from a bank by signing a four-year installment note bearing interest at 6%. The terms of the note require equal payments each year on November 30, starting November 30, 2021. Use TABLE 14A.2 (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the size of each installment payment. (Do not round intermediate calculations. Round the final answer to the nearest whole dollar.) Payment