On January 1, 2024, Bloomfield Enterprises purchases a building for $261,000, paying $51,000 down and borrowing the remaining $210.000, signing a 7%,10-year mortgage. Installment payments of $2,438.28 are due at the end of each month, with the first payment due on January 31, 2024. iequired: Record the purchase of the building on January 1, 2024. (If no entry is required for a particular transaction/event, select "No lournal Entry Required" in the first account field.)