A company takes out a five$-$year, $$2\mathrm{.}9-$million mortgage on October $1.$ The interest rate on the loan is $6\%$ per year, and blended

payments of $$56,065($including both interest and principal$)$ are to be made at the end of each month. The following is an extract from

the loan amortization table the bank provided the company with:

$($b$)$

Prepare the journal entries to record the inception of the loan and the first two monthly payments. $($Credit account titles are

automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the

account titles and enter $0$ for the amounts. List all debit entries before credit entries. Record journal entries in the order

presented in the problem.$)$