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applies to the questions displayed below] On January 1, 2021, Stoops Entertainment purchases a building for $450,000, paying $120,000 down and borrowing the remaining $330,000,
applies to the questions displayed below] On January 1, 2021, Stoops Entertainment purchases a building for $450,000, paying $120,000 down and borrowing the remaining $330,000, signing a 8%, 15-year mortgage. Installment payments of $3.153.65 are due at the end of each month, with the first payment due on January 31, 2021. Problem 9-1B Part 2 2. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value 01/01/2021 01/31/2021 02/28/2021 W
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