Big Builds Corporation receives $1,200,000 on December 31,2021 when it issues a 10 -year, 7% mortgage note payable to finance the construction of a new building. The terms provide for monthly installment payments. Required: 1) Prepare the journal entries required for the first 2 installment payments on January 31,2022 and February 28th, 2022, if the blended monthly payment is $9,722. (3 marks) 2) Prepare the journal entries required for the first 2 installment payments on January 31,2022 and February 28 th, 2022 if the fixed principle payment is $3,200