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xercises (Static) 0 The tollowing amortization schedule indicates the interest and installment note established January...

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xercises (Static) 0 The tollowing amortization schedule indicates the interest and installment note established January 1, 2018. CCC has a December 31 year-end and makes the required annual payments on December 31 principal that Chip's Cookie Corporation (CCC) must repay on an Repaid Principal Beginning Note Interest Year Payable 38,800 23,840 15,732 8,059 Ending Note Payable 23,040 15,732 8,059 Expense 1, 500 1,152 Note Payable 6,960 7,308 7,673 8,859 30,e00 787 401 3,840 Total Use the amortization schedule to determine (f the amount of the (rounded) report in the year ended December 31, 2018 (Year : (c) the note payable balance at January 1. 202t and (d principal paid over the note's entre life (Round your answers to the nearest whole doller amount.) annual payment (6) the amount of interest expense to a) Annual Payment b) Interest Expense c) Notes Payable Total Interest Principal

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