[The following information applies to the questions displayed below.]On January 1, 2016, Brown Co. borrowed cash from First Bank by issuing a $114,000 face value, four-year term note that had an 8 percent annual interest rate. The note is to be repaid by making annual cash payments of $34,419 that include both interest and principal on December 31 of each year. Brown used the proceeds from the loan to purchase land that generated rental revenues of $66,000 cash per year.

Prepare an amortization schedule for the four-year period.(Round your answers to the nearest dollar amount.)