Required information [The following information applies to the questions displayed below.) A partial amortization schedule for a 5-year note payable that Mabry Company issued on January 1, 2018, is shown as follows. Accounting Period 2018 2019 2020 Principal Balance January 1 $139,000 116,232 91, 187 Cash Payment $36,668 36,668 36,668 Applied to Interest $13,900 11,623 9,119 Applied to Principal $22,768 25,045 27,549 b. Using a financial statements model like the one shown, record the appropriate amounts for the following two events: (Enter any decreases to account balances and cash outflows with a minus sign. In the Cash Flows column, designate the cash flows as operating activities (OA), investing activities (IA), financing activities (FA), or if there is no effect, leave the cell blank.) (1) January 1, 2018, issue of the note payable. (2) December 31, 2018, payment on the note payable. Balance Sheet MABRY COMPANY Horizontal Statements Model Income Statement Stockholder's Revenue Equity Expense - Net Income Event No. Statement of Cash Flow Assets Liabilities 1 2