On September 30, 2021, Swifty Corporation received a three-year, 12%, $1,300,000 bank loan. The terms provide for payment of the bank loan with quarterly instalment payments of $130,601, starting on December 31. Swifty has a November 30 year end and records adjusting entries annually. (c) Record the first two instalment payments, on December 31, 2021, and March 31, 2022. (Round answers to the nearest whole dollar, eg. 5,250. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Date Dec. 31, 2021 Mar. 31, 2022