The following amortization schedule indicates the interest and principal to be repaid on an installment note established January 1, 2018, for a company with a March 31 year-end. Beginning Note Interest Repaid Principal on Year Payable Ending Note Expense Note Payable 1 Payable 18,000 1,440 3,995 2 14,005 14,005 1,120 3 4,314 9,691 9,691 775 4,659 5,032 5,032 403 5,032 0 Total 3,738 18,000 4 Required: 1. Assuming the company makes the required annual payments on December 31, use the amortization schedule to determine (a) the amount of the (rounded) annual payment, (b) the amount of Interest Expense to report in the year ended March 31, 2018. ( the amount of Interest Expense to report in the year ended March 31, 2019. (c) the Note Payable balance at January 1, 2021, and (c) the total interest and total principal paid over the note's entire life. 2. Assuming the company makes adjustments at the end of each quarter, prepare the journal entries required on (8) January 1, 2018, and (6) March 31, 2018 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming the company makes adjustments at the end of each quarter, prepare the journal entries required on () January 1, 2018, and (b) March 31, 2018. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)