Problem 9-18 Record and analyze installment notes (LO9-2) [The following information applies to the questions displayed below.) On January 1, 2021, Stoops Entertainment purchases a building for $600,000, paying $120,000 down and borrowing the remaining $480,000, signing a 8%, 20-year mortgage Installment payments of $4,014.91 are due at the end of each month, with the first payment due on January 31, 2021. Record the purchase of the building. 2. Complete the first three rows of an amortization schedule. (Do not round intermed decimal places.) Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value 01/01/2021 01/31/2021 02/28/2021 Record the first monthly mortgage payment. Note: Enter debits before credits. Date General Journal Debit Credit January 31, 2021