Kellerman Company purchased a building and land with a fair market value of $550,000 (building, $425,000 and land, $125,000 ) on Janyary 1,2024. Kellerman signed a 20 -year, 6% mortgage payable. Kellerman will make monthly payments of $3,940.37 Round to two decimal places. Explanations are not required for journal entries. Read the requirements. Requirement 1. Journalize the mortgage payable issuance on January 1,2024. (Record debits first, then credits. Exclude explanations from any journal entries.) Requirement 2. Prepare an amortization schedule for the first two payments. (Round all numbers to the nearest cent) 1. Journalize the mortgage payable issuance on January 1,2024 . 2. Prepare an amortization schedule for the first two payments. 3. Journalize the first payment on January 31,2024. 4. Journalize the second payment on February 28,2024