Exercise 10-24 Oriole Company receives $385,000 when it issues a $385,000, 7%, mortgage note payable to finance the construction of a building at December 31, 2017. The terms provide for annual installment payments of $42,271 on December 31. Prepare the mortgage payable table showing interest and principal amounts. (Round answers to o decimal places, e.g. 5.275.) Annual Interest Cash Interest Reduction Principal Period Payment Expense of Principal Balance Issue date 12/31/18 12/31/19 SHOW LIST OF ACCOUNTS Prepare the journal entry to record the mortgage loan. (Round answers to o decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Credit Debit Dec. 31, 2017