Required information [The following information applies to the questions displayed below.] On January 1, 2024, Bloomfield Enterprises purchases a building for $294,000, paying $54,000 down and borrowing the remaining $240,000, signing a 7%, 10-year mortgage. Installment payments of $2,786.60 are due at the end of each month, with the first payment due on January 31, 2024. 2. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Date 1/1/2024 1/31/2024 2/29/2024 Cash Paid $ 2.786 60 2,786 60 Interest Expense Change in Carrying Value Carrying Value

Required information The following information applies to the questions displayed below] On January 1, 2024. Bloomfield Enterprises purchases a building for $294,000, paying $54,000 down and borrowing the remaining $240,000, signing a 7$6.10 year mortgage. Installment payments of $2.786.60 are due at the end of each month, with the first payment due on January 31,2024. 2. Complete the first three rows of an amortization schedWle. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)