Delmar Company purchased a building on January 2 by signing a long-term $480,000 mortgage with monthly payments of $4,400. The mortgage carries an interest rate of 10 percent. The entry to record the first monthly payment will include a: a. debit to the Cash account for $4,400. b. credit to the Cash account for $4,000. c. debit to the Interest Expense account for $4,000. d. credit to the Mortgage Payable account for $4,400