Required information [The following information applies to the questions displayed below.) On January 1, 2021, Stoops Entertainment purchases a building for $580,000. paying $110,000 down and borrowing the remaining $470,000, signing a 9%, 15-year mortgage Installment payments of $4767.05 are due at the end of each month, with the first payment due on January 31, 2021 3-a. Record the first monthly mortgage payment on January 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your final answers to 2 decimal places.) View transaction list Journal entry worksheet Record the first monthly mortgage payment. Required information (The following information applies to the questions displayed below.) On January 1, 2021, Stoops Entertainment purchases a building for $580,000, paying $110,000 down and borrowing the remaining $470,000, signing a 9%, 15-year mortgage. Installment payments of $4767.05 are due at the end of each month, with the first payment due on January 31, 2021. 4. Total payments over the 15 years are $858,069 ($4,76705 * 180 monthly payments). How much of this is interest expense and how much is actual payment of the loan? Interest expense Actual payments on the loan