1. On 31 December 2020, Teresa Fernandez agrees on a 20-year 500.148 mortgage liability in conjunction with the purchase of a flat. This mortgage is payable in equal monthly installments of 2026 which include interest computed at an annual rate of 2%. The first monthly payment is made on 31 January 2021. This mortgage is fully amortizing over 240 months. (a) Complete the amortization table for the first four payments by entering the correct euro amounts in the blank spaces provided. (16 points) Round to the nearest euro Payment Date Monthly Payment Interest Expense Reduction in Unpaid Balance Unpaid Balance Interest Period Issue date 1 2 3 4 (b) Record the first payment in the general journal. (12 points) Date Account Titles and Explanation Debit Credit