Vaughn borrowed has just approached a venture capitalist for financing for her new business venture, Vaughn Corporation, the development of a local ski hill. On July 1, 2022, Stacy borrowed $118,000 by signing a mortgage payable at an annual interest rate of 7%. The mortgage is repayable over 5 years in annual instalments, due each June 30. The first payment is due June 30, 2023 Vaughn's year-end. (a) Prepare an amortization schedule for the 5-year term of the mortgage, assuming the payment is a blended principal and interest payment of $28,779. (Round answers to the nearest whole dollar, e.g. 5,275.) Annual Interest Cash Payment Period July 1, 2022 June 30 Interest Expense Reduction of Principal $ Princip: Balanc