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On January 1, 2024, Howell Enterprises purchases a building for $151,000, paying $41,000 down and borrowing the remaining $110,000, signing a 7%, 10-year mortgage. Installment
On January 1, 2024, Howell Enterprises purchases a building for $151,000, paying $41,000 down and borrowing the remaining $110,000, signing a 7%, 10-year mortgage. Installment payments of $1,277.19 are due at the end of each month. with the first payment due on January 31,2024 . Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 ecimal places.)
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