06/30/18

A) Cash payment 33,321

B) Interest expense 29,150 = 485,866* 0.06
C) Reduction of principle 4,079 =33,231-29,152
D) Principle balance 481,787 =485,866-4,079

12/31/18

A) Cash payment 33,231

B) Interest expense28,907
C) Reduction of principle 4,324
D) Principle balance 477,463

06/30/19

A) Cash payment 33,231

B) Interest expense 28,648
C) Reduction of principle 4,583
D) Principle balance 472,880

12/31/19

A) Cash payment 33,231

B) Interest expense 28,373
C) Reduction of principle 4,858
D) Principle balance 468,022

06/30/20

A) Cash payment 33,231

B) Interest expense 28,081
C) Reduction of principle 5,150
D) Principle balance 462,872

12/31/20

A) Cash payment 33,231

B) Interest expense 27,772
C) Reduction of principle 5,459
D) Principle balance 457,413