Brier Exercise 15-07 Pharoah Inc. issues an $830,000, 10%, 10-year mortgage note on December 31, 2020, to obtai a new building. The terms provide for annual installment payments of $150,000. Prepare the entry to record the mortgage loan on December 31, 2020, and the first installment December 31, 2021. (Credit account titles are automatically indented when amount is e not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Click if you would like to show Work for this question: Open Show Work