The following amortization schedule indicates the interest and principal that Chip's Cookie Corporation $($CCC$)$ must repay on an installment note established January $1,2024.$ CCC has a December $31$ year$-$end and makes the required annual payments on December $31.$

$\backslash$table$[[$Year$,\backslash$table$[[$Beginning Notes$],[$Payable$]],$Interest Expense,$\backslash$table$[[$Repaid Principal on$],[$Notes Payable$]],\backslash$table$[[$Ending Notes$],[$Payable$]]],[1,$$$42,000,$$$2,100,$$$9,744,$$$32,256$