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BE15-6 Bondorf Inc. issues a $600,000,10%,10-year mortgage note on December 31,2022 , to obtain financing for a new building. The terms provide for semiannual installment

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BE15-6 Bondorf Inc. issues a $600,000,10%,10-year mortgage note on December 31,2022 , to obtain financing for a new building. The terms provide for semiannual installment payments of $48,145. Prepare the entry to (a) record the mortgage loan on December 31, 2022, and (b) the first installment payment

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