Brief Exercise 10-8 Hyatt Inc. issued a five-year, 7% instalment loan payable, with blended principal...
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Brief Exercise 10-8 Hyatt Inc. issued a five-year, 7% instalment loan payable, with blended principal and interest payments due annually. The following instalment payment schedule is partially completed: Fill in the missing amounts. (Round answers to o decimal places, e.g. 5,275.) Cash Payment Interest Expense Interest Period Issue date Reduction of Principal Principal Balance $51,000 $12,439 $ 8,869 42,131 2,949 32,641 10,154 1,574 11,622 817* 11,622 *Adjusted for rounding differences. LINK TO TEXT What are the current and non-current portions of the loan at the end of period 3? (Round answers to o decimal places, e.g. 5,275.) Current portion $ Non-current portion $ LINK TO TEXT
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