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The following instalment payment schedule is for an instalment note payable: Cash Interest Reduction Principal Interest Period Payment Expense of Principal Balance Jan. 1,

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The following instalment payment schedule is for an instalment note payable: Cash Interest Reduction Principal Interest Period Payment Expense of Principal Balance Jan. 1, 2021 $166,000 July 1, 2021 $27,390 $6,640 $20,750 145,250 Jan. 1, 2022 26,560 5,810 20,750 124,500 July 1, 2022 25,730 4,980 20,750 103,750 Jan. 1, 2023 24,900 4,150 20,750 83,000

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