Required information The following information applies to the questions displayed below B3pe cent anual interest rate The On January 1, 2018, Brown Co. borrowed cash from First Bank by issuing a $100,000 face value, four-year 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. ised the psfrom the loan to purchase land that 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 Year Balance on Payments Applied to Applied to Principal 2018 2019 2020 2021 Cash Interest | Principal |-Of Period January 1 December 31