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. Applied to Interest Applied to Principal Principal Balance January 1 $110,000 91.250 27.550 7. 300 20,250 2020 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. MABRY COMPANY Horizontal Statements Model Sunt of No. Assets Liabilities + Stockholders Revenue Expense Cash Flow Net Income MacBook Air Visa EP