4. Clark Company issued a $2,000,000,10%, 10-year mortgage note payable to finance the purchase of a building at December 31, 2019. The terms provide for annual installment payments of $325,491. Instructions Prepare the entry to record: (a) the mortgage loan on December 31, 2019. (b) the first installment payment, 12/31/20 (c) the second installment payment, 12/31/21 (d) Calculate the balance of the mortgage payable, 12/31/21, after the 2nd payment. (e) Which section of the classified balance sheet will include the Mortgage Payable