Required information Problem 9-1B (Algo) Record and analyze installment notes (LO9-2) [The following information applies...
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Required information Problem 9-1B (Algo) Record and analyze installment notes (LO9-2) [The following information applies to the questions displayed below] On January 1, 2024, Stoops Entertainment purchases a bullding for $500,000, paying $100,000 down and borrowing the remaining $400,000, signing a(n) 7%, 15 fyear mortgage. Instaliment payments of $3,595.31 are due at the end of each month, with the first payment due on January 31,2024. roblem 9-1B (Algo) Part 2 Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 lecimal places.)
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