Cullumber Electronics issues a R $355,500,3%, 10-vear mortgage note on December 31, 2019. The proceeds from the note are to be used in financing a new research laboratory. The terms of the note provide for annual installment payments, exclusive of real estate taxes and insurance, of R\$41,675. Payments are due on December 31 . Part1 Prepare an installment payments schedule for the first 4 years. (Round answers to 0 decimal places, es. 15,250) Prepare the entries for (1) the loan and (2) the first installment payment. (Credit occount titles are outomatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, es. 15,250. Record joumal entries in the order presented in the problem.) Show how the total mortgage liability should be reported on the statement of financial position at December 31,2020. (Enter account name anly and do not provide descriptive information. Round answers to 0 decimal ploces, es. 15, 250.)