31. (14 points) On December 1, 2019, Driscoll, Inc. signed a 10 year mortgage in the amount of $275,000 in conjunction with the purchase of an office building. This note is payable in equal monthly installments of $2,784 which include interest computed at an annual rate of 4%. The first monthly payment is made on December 31, 2019.

e. Driscoll's balance sheet at December 31, 2019 includes a total liability for this mortgage payable of (Do not separate into current and long-term portions.)

$ _______________

f. The aggregate annual cash payments Driscoll will make over the 10 year life of the mortgage payable amount to

$________________

g. Over the 10 year life of the mortgage, the amount Driscoll will pay for interest amounts to

$_______________