Show Attempt History Current Attempt in Progress Pronghorn purchased a new piece of equipment to be used in its new facility. The $372,000 piece of equipment was purchased with a $47.000 down payment and with cash received through the issuance of a $325,000,6%, 5-year mortgage payable issued on January 1. 2022. The terms provide for annual installment payments of $77.154 on December 31. (a) Your answer is partially correct, Prepare an installment payments schedule for the five payments of the notes payable. (Round answers to decimal places, eg, 15,250.) Cash Payment Interest Expense Reduction of Principal Principal Balance $ 77156 $ $ 22750 19500 77154 16041 77154 12374 77154 8487 4368 77154 e Textbook and Media List of Accounts Attempts: 1 of 10 used Submit Answer Save for Later Last saved 1 hour ago Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes