Cullumber Co. receives $263,400 when it issues a $263,400, 10%, mortgage note payable to finance the construction of a building at December 31, 2022. The terms provide for annual installment payments of $43,900 on December 31. Prepare the journal entries to record the mortgage loan and the first two payments. (Round answers to O decimal places, e.g. 15,250. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31, 2022 Cash Mortgage Payable Dec. 31, 2023 v Interest Expense Dec. 31, 2024 Mortgage Payable Cash Interest Expense Mortgage Payable Cash Debit 263400 26300 Credit 263400