Ruffing Company borrowed $220,000 on January 1, 2020, by issuing a $220,000, 3% mortgage note payable. The terms call for annual installment payments of $18,000 on December 31. How much is the principal payment for the second payment on December 31, 2021? Enter your answer in whole dollars with a comma between hundreds and thousands and a dollar sign. For instance, if your answer is 123456.67, input your answer as $123,457 Draper Corporation issues $200,000, 5%, 12-year bonds at 96. The total interest expense over the life of the bonds is: Enter your answer in whole dollars with a comma between hundreds and thousands and a dollar sign. For instance, if your answer is 123456.67, input your answer as $123,457 January Jones Corporation issues $600,000, 7%, 10-year bonds at 103. The total interest expense over the life of the bonds is: Enter your answer in whole dollars with a comma between hundreds and thousands and a dollar sign. For instance, if your answer is 123456.67, input your answer as $123,457