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Required information The following information applies to the questions displayed below.) Part 2 of 4 A partial amortization schedule for a 5-year note payable that
Required information The following information applies to the questions displayed below.) Part 2 of 4 A partial amortization schedule for a 5-year note payable that Mabry Company issued on January 1, 2018, is shown as follows points Accounting Period 2018 2019 2020 Principal Balance January 1 $182.ee 84,613 65,835 Cash Payment $25,547 25,547 25,547 Applied to Interest $ 8,162 6,769 5,267 Applied to Principal $17,387 18,778 20.280 eBook Print 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.) References (1) January 1, 2018, Issue of the note payable. (2) December 31, 2018, payment on the note payable. Event No. MABRY COMPANY Horizontal Statements Model Balance Sheet Income Statement Statement of Cash Flow Assets - Liabilities - Stockholder's Revenue - Expense - Net Income 102,000 = 102,000+ 0 of 102,000FA (25,547) (17,387) (8,160) 8,180 (8,160) (8.160) FA 26.040 OA 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 Applied to Interest Principal Balance January 1 $102, eee 84,613 65,835 Cash Payment $25,547 25,547 25,547 Applied to Principal $17,387 18,778 20,280 2019 2020 6,769 5,267 c. If the company earned $85,500 cash revenue and paid $51,300 in cash expenses in addition to the interest in 2018, what is the amount of each of the following? (Cash outflows should be indicated with a minus sign.) (1) Not income for 2018 (2) Cash flow from operating activities for 2018 (3) Cash flow from financing activities for 2018 $ 28,040 $ 26,040 $ 110,160 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 $102,000 84,613 65,835 Cash Payment $25,547 25,547 25,547 Applied to Interest $ 8,160 6,769 5,267 Applied to Principal $17,387 18,778 20, 280 d. What is the amount of interest expense on this loan for 2021? (Round your answers to the nearest whole dollar amount.) Interest expenser $ 3,223
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