Kelly Company purchased a building and land with a fair market value of $650,000 (building, $400.000 and land, $250,000) on January 1, 2018. Kelly signed a 20-year 8% mortgage payable Kelly will make monthly payments of S5436 Round to two decr al places. Explanations are not required for journal entres Read the requirements. Date 2018 Jan. 1 Accounts Debit Credit Requirement 2. Prepare an amorization schedule for the first two payments (Round all numbers to the nearest cent) Beginning Principal InterestTotal Ending Payment Expense PaymentBalance 1/1/2018 1/31/2018 2/28/2018 Requirements Requirement 3. Journalize the first payment on January 31,2018 (E. Jounalize the morgage payable issuance on January 1, 2018. from any journal entries) 2. 3. 4. Prepare an amortization schedule for the first two payments Journalize the first payment on January 31, 2018 Journalize the second payment on February 28, 2018. Date 2018 Jan. 31 Accounts la Print Done a Requirement 4. Jounalize the second payment on February 28, 2018 (Enter amounts to the nearest cent Record debits first, then credits Exclude Choose from any list or enter any number in the input fields and then continue to the next