On August 1, 2022, Arista Corporation purchases a building for $1,500,000 and pays $300,000 in cash with the remaining balance payable in monthly installments of $25,000 over a 5-year period. This mortgage note includes interest computed at the rate of 6% per year. The first monthly payment is made on September 1, 2022. (a) How much interest will Arista pay over the life of the note? (b) How much of the first payment made on September 1 represents interest expense? (c) What will the outstanding principal balance be after the second payment on October 1