Kellerman Company purchased a building and land with a fair market value of $ 550 comma 000 (building, $ 425 comma 000 and land, $ 125 comma 000) on January 1, 2018. Kellerman signed a 20-year, 6% mortgage payable. Kellerman will make monthly payments of $ 3 comma 940.37. Round to two decimal places. Explanations are not required for journal entries.