Kessel Company purchased a building and land with a fair market value of $400,000 (building, $300,000 and land, $100,000) on January 1, 2018. Kessel signed a 15-year, 5% mortgage pavable. Kessel will make monthly payments of $3,163.17. Round to two decimal places. Explanations are not required for journal entries. Read the requirements. Jan. 1 building 300,000.00 100,000.00 land mortgage payable 400,000.00 Requirement 2. Prepare an amortization schedule for the first two payments. (Round all numbers to the nearest cent.) Ending Beginning Balance Principal Payment Interest Expense Total Payment Balance 1/1/2018 1/31/2018 2/28/2018