On January 1, 2020, Do-right! Inc. purchased a new building from a builder to expand its operations. The building was purchased at a cost of $4 million. Do-right! paid $500,000 at the time of purchase, and took out an installment loan (mortgage) for the remaining amount through Lincoln & Washington Bank. The loan is to be repaid in 20 annual installments, at an annual interest rate of 3.5%, on December 31 of each year. 1. Prepare a loan amortization schedule for the 20-year life of the loan. 2. Assume that the building is expected to last for 20 years (with no residual value), and that the company depreciates its buildings using straight-line depreciation. Determine the building's book value that will be reported at the end of each year on the balance sheet for the 20 years. 3. Determine the total expense that the company will report on its income statement for each of the first 10 years as a result of the loan and the depreciation