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Required information Problem 9-18 (Static) Record and analyze installment notes (L.O9-2) The forlowing information applies...

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Required information Problem 9-18 (Static) Record and analyze installment notes (L.O9-2) The forlowing information applies to the questions displayed below) On January 1, 2024, Stoops Entertainment purchases a buliding for $610,000, paying $110,000 down and borrowing the remaining $500.000, signing a 9%, 15-year mortgage, Installment payments of $5,071.33 are due at the end of each month, with the first payment due on January 31,2024 Problem 9-18 (Static) Part 3 3-a. Record the first monthly mortgage payment on January 31,2024. 3-b. How much of the first payment goes to interest expense and how much goes to reducing the carrying value of the loan? Complete this question by entering your answers in the tabs below. Record the first monthly mortgage payment on January 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field, Do not round intermedate calculations. Found your final answers to 2 decimat places.)

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