View Policies Current Attempt in Progress Skysong Farms Ltd, needed financing to buy two John Deere tractors Skysong receives $370,000 on December 31, 2021 when it issues a 10-year, 7% note payable. The terms provide for semiannual blended instalment payments on June 30 and December 31 in the amount of $24395.00 Prepare an instalment payment schedule for the first four interest periods. (Round answers to 2 decimal places, , 5.276.25) SKYSONG FARMS LTD. Instalment Payment Schedule - Blended Payments Interest Period Pris Cash Payment Interest Expense Reduction of Principal Dec 31 VA 2021 June 30 $ $ 2022 Dec 31 2022 June 30 2023 Dec 31 2023 Question Part Score -8 Prepare the journal entries to record the note payable and the first three instalment payments. (Credit account titles are automatically indented when the amount is entered. Do not Indent mortually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to 2 decimal places. e. 5.276 253 Prepare the journal entries to record the note payable and the first three instalment payments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required select "No Entry for the account titles and enter for the amounts Round answers to decimal places 5.278.25 Debit Credit Date Account Titles and Explanation Dec 31, 2021 June 30, 2022 Dec. 31, 2022 June 30. 2023 Question Part Score */8 Provide the balance sheet disclosure for the note payable e December 31, 2022 being specific about the classifications (Round answers to decimal places, es 5,275) --/8 Question Part Score Provide the balance sheet disclosure for the note payable at December 31, 2022, being specific about the classifications. (Round answers to decimal places, eg. 5,275.) SKYSONG FARMS LTD. Balance Sheet (Partial) December 31, 2022 --12 Question Part Score Sumi