content area top Part 1 Eden Company purchased a building with a market value of $ 310 comma 000 and land with a market value of $ 25 comma 000 on January 1, 2025 . Eden Company paid $ 15 comma 000 cash and signed a 25 -year, 12 % mortgage payable for the balance. Requirements 1. Journalize the January 1, 2025 , purchase. 2. Journalize the first monthly payment of $ 3 comma 370 on January 31, 2025 . (Round to the nearest dollar.)