Tonys favorte memories of his childhood were the times he spent wh his dad at camp. Tony was daydreaming of those days a br as he and Suzie jogged along a nature trail and came across a wonderful plece of property for sale. He turned to Suzie and sald, 1 start a camp where tamiles could get away and spend some quality tme together. It we ust had the money. I ow this would be the perfect place. They called several banks and on January 1 2020. Great Adventures obtained a s580 000 6%, 8-year Installmen Bank. Payments of $7,622 are required at the end of each month over the life of the 8-year loan. Each monthly payment of $7,622 includes both interest expense and principal payments (ie, reduction of the loan amount) Late that night Tony exclaimed, $580,000 tor our new camp, this has to be the best news ever. Suzie snuggled close and sald, "Theres something else I need to tell you, Tony, I'm expectingl They decided right then, it it was a boy, they would name him Ventur Required 1. Complete the first three rows of an amortization table e in Carrying Value Catying Date Cash Paid /2020 01/31/2020 02/28/2020 2. Record the note payable on January 1, 2020, and the frst two payments on January 31, 2020, and February 28, 202D. (f no entry is required for a particular transaction, select "No Jounal entry required" in the first account field.) View transaction list Journal entry worksheet Record the monthly payment Note: Enter debits before credits. Date Debit Credit February 28, 2020