Required information [The following information applies to the questions displayed below.] On January 1, 2018, Brown Co. borrowed cash from First Bank by issuing a $70,000 face value, four-year term note that had an 4 percent annual interest rate. The note is to be repaid by making annual cash payments of $19,284 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 $34,300 cash per year. Required a. Prepare an amortization schedule for the four-year period. (Round your answers to the nearest whole dollar amount.) BROWN CO. Amortization Schedule Principal Balance Cash Payments Applied to on January 1 December 31 Interest Year Applied to Principal Principal Balance End of Period 2018 2019 2020 2021