Tony's favorte memoties of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a Dit as he and Suzle jogged along a nature trall and came across a wonderful piece of property for sale. He turned to Suzle and said, "ive atways wanted to 5 tart a camp where families could get away and spend some quality time together. if we just had the money, I know this would be the perfect place: On November 1,2025, Great Adventures purchased the land by issuing a 5500,000,6%, 10 -year instaliment note to the sellet, Payments of $5,551 are required at the end of each month over the ife of the 10 year loan Each monthiy payment of 55,551 includes both interest expense and pincipal payments (1.e, reduction of the ioan amount). Late that night, Tony exclaimed, We now have land for our new camp, this has to be the best news everr' Suzie said, There's something else ineed to tell you. Fm expectingl" Required: 1. Complete the first three rows of an amortization schedule 2. Record the purchase of land with the issuance of a long-term note payable on November 1, 2025 . 3-0. Record the first two payments on November 30, 2025, and December 31,2025 3-b. Calculate the remaining balance of the note payable as of December 31,2025 4. The 12 monthly payments in 2026 (following year) will reduce the note's balance by an additonar $38,014. Record the reclassification of this amount from Notes Payabie (ong-term) to Notes Payable (current) Complete this question by entering your answers in the tabs below. Record the first two payments on November 30, 2025, and December 31, 2025. (if no entry is required for a particular transaction, nearest dollar amounts)