On January 1, 2020 a company takes out a 5-year mortgage on a new property in the amount of $540,000 at an annual interest rate of 6%. There will be a fixed monthly payment payable at the end of each month that will include both interest and principal. The fixed monthly payment payable is $10,439.71. Calculate the amount of interest and principal for the first month's payment. (Round answers to 2 decimal places, eg. 15.25.) $ Interest $ Principal Record the journal entries for the first 2 months' payments. (Round answers to 2 decimal places, eg. 15.25. Credit account titles are qutomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Account Titles and Explanation Debit Credit 1st Payment 2nd Payment