Question 2 Sheridan Company receives $385,000 when it issues a $385,000, 596, mortgage note payable to finance the construction of a building at December 31, 2017.The terms provide for annual installment payments of $37,092 on December 31. Prepare an amortization schedule of a mortgage note for two years.(Round answers to O decimal places, e.g. 5,275.) Annua Interest Period Cash Payment Interest Expense Reduction of Principal Principal Balance Issue date 12/31/18 12/31/19 List of Accounts itles are Prepare the journal entry to record the mortgage loan. (Round answers to O decimal places, e.g. 5,275. Credit account t automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Dec. 31,2017 Cash Mortgage Payable List of Accounts Prepare the journal entries to record the first two installment payments. (Round answers to O decimal places, e.3 account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation First Installment Payment Dec. 31, 2018 Interest Expense Mortgage Payable Cash