P9-2A On January 1, 2024, Strato Corporation borrowed 2 million from a local bank to construct a new building over the next three years. The loan will be paid back in three equal installments of $776,067 on December 31 of each year. The payments will include interest at a rate of 8%. Required: 1 Record the cash received when the note was signed. in the general journal. 2 Prepare an amortization schedule over the three-year life of the installment note. Round answers to the nearest dollar. 3 Use amounts from the amortization schedule to record each installment payment. GENERAL JOURNAL _DATE DESCRIPTION DATE Page: POST REF DEBIT CREDIT