Blossom Company receives $361,200 when it issues a $361,200,10% mortgage note payable to finance the construction of a building at December 31, 2022. The terms provide for annual installment payments of $60,200 on December 31 . Prepare the journal entries to record the mortgage loan and the first two 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.)