Matrix Consulting Agency signed a 10-year, 6.9%, $708,340 mortgage on June 30, 2017, to help finance a new office building. The mortgage terms provide for semi-annual blended principal and interest payments of $49,614. Payments are due on December 31 and June 30. The company's year end is June 30. *(a) Prepare an instalment payment schedule for the first two years. (Round answers to the nearest whole dollar, e.g. 5,275.) Semi-annual Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance June 30, 2017 Dec. 31, 2017 $ $ June 30, 2018 Dec. 31, 2018 June 30, 2019