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Required information [me foiiowing information appiies to the questions dispiayed below] On January 1, Year 1, Brown Co. borrowed cash from First Bank by issuing

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Required information [me foiiowing information appiies to the questions dispiayed below] On January 1, Year 1, Brown Co. borrowed cash from First Bank by issuing a $100,000 face value, fouryear term note that had an 8 percent annual interest rate. The note is to be repaid by making annual cash payments of $30,192 that include both interest and principal on December 31 of each year. Brown used the proceeds from the loan to purchase land that generated rental revenues of $52,000 cash per year. Required a. Prepare an amortization schedule for the fouryear period. {Round your answers to the nearest whole dollar amount.)

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