Which statement below is incorrect?\ \ multiple choice\ With each payment of an installment note payable, the portion assigned to interest expense decreases.\ The amount of interest expense recorded with each payment of an installment note payable equals the note's interest rate times the note's carrying value at the end of the previous period.\ An amortization schedule provides a summary of the cash interest payments, interest expense, and changes in carrying value for each period.\ In each payment on an installment note the amount that decreases the carrying value is constant.