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 Payable 24,000 18,177 12,238 6,180 Repaid Principal orn Note Payable 5, 823 5,939 6,058 6,180 24,000 Ending Note Payable 18,177 12,238 6,180 Interest Expense Year 480 364 245 4 Total 1,213 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, (c) the amount of Interest Expense to report in the year ended March 31, 2019, (d) the Note Payable balance at January 1, 2021, and (e) 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 (a) January 1, 2018 and (b) March 31, 2018. Complete this question by entering your answers in the tabs below Required Required 2 Assuming the company makes adjustments at the end of each quarter, prepare the journal entries required on (a) 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.) (a) Annual Payment (b) Interest Expense March 31, 2018 (c) Interest Expense March 31, 2019 (d) Note Payable January 1, 2021 (e) Total Interest (e)-1 Total Principal