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Check my work Problem y-18 Record and analyze installment notes (L09-4) [The following information applies to the questions displayed below.) On January 1, 2021, Stoops
Check my work Problem y-18 Record and analyze installment notes (L09-4) [The following information applies to the questions displayed below.) On January 1, 2021, Stoops Entertainment purchases a building for $500,000, paying $100.000 down and borrowing the remaining $400,000, signing a 7%, 15-year mortgage Installment payments of $3,595 31 are due at the end of each month, with the first payment due on January 31, 2021 Problem 9-18 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
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