On January 1, 2024, Alcatraz Company purchases a building for $900,000, signing a 5%,20-year mortgage. Installment payments of $5,939.60 are due at the end of each month, with the first payment due on January 31,2024. Required: 1. 2. \& 3. Record the issuance of the mortgage installment and the first two monthly mortgage payments. 4. If total payments over the 20 years are $1,425,504 ( $5,939.60240 monthly payments), how much of this is interest expense and how much is actual payment of the loan? Complete this question by entering your answers in the tabs below. Record the issuance of the mortgage installment and the first two monthly mortgage payments. (If no entry is required for a particul transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your fi answers to 2 decimal places.) Journal entry worksheet Record the purchase of the building with the issuance of a note payable on January 1,2024 . Note: Enter debits before credits. On January 1, 2024, Alcatraz Company purchases a building for $900,000, signing a 5%,20-year mortgage. Installment payments of $5,939.60 are due at the end of each month, with the first payment due on January 31,2024. Required: 1. 2. \& 3. Record the issuance of the mortgage installment and the first two monthly mortgage payments. 4. If total payments over the 20 years are $1,425,504 ( $5,939.60240 monthly payments), how much of this is interest expense and how much is actual payment of the loan? Complete this question by entering your answers in the tabs below. If total payments over the 20 years are $1,425,504 ( $5,939.60240 monthly payments), how much of this is interest expense and how much is actual payment of the loan