The following amortization schedule indicates the interest and principal to be repaid on an installment note established January 1, 2015, for a company with a March 31 year-end. Year ? ?? ? ?? ? Beginning Note Payable 10,000 7,645 5,196 2,649 Interest Expense 400 306 208 106 Repaid Principal Ending on Note Payable Note Payable 2.355 7,645 2,449 5,196 2,547 2,649 2,649 Total 1,020 10,000 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, 2015, (c) the amount of Interest Expense to report in the year ended March 31, 2016, (d) the Note Payable balance at January 1, 2018, and (e) the total interest and total principal paid over the note's entire life. (Round your answers to the nearest whole dollar amount.) (a) Annual Payment (b) Interest Expense March 31, 2015 (c) Interest Expense March 31, 2016 (d) Note Payable January 1, 2018 (e) Total Interest (e)-1 Total Principal